Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Veolia : A New Veolia taking shape in a buoyant backdrop

>Outperformance recommendation and TP of € 28.50 maintained - The outstanding 9M 2021 performance was driven not only by a return to normal activity levels in the majority of geographies, but also by higher growth rates than in the pre-health crisis year of 2019. The group also benefited from robust prices (indexation, services and secondary raw materials) and further scrupulous cost savings. Following the conference calls with the CEO and the roadshow organised wi...
Underlying
Veolia Environnement SA

Veolia Environnement provides environmental management services to public authorities, industrial and commercial services customers, and individuals worldwide. These services include the supply of water, the treatment and recovery of municipal or industrial effluent, waste collection, processing and recycling, the supply of heating and cooling services and the optimization of industrial processes. Co.'s business operations are conducted through three divisions, each specializing in a single business sector: Veolia Eau (Water), Veolia Energie (Dalkia, Energy Services) and Veolia Proprete (Environmental Services).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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