Veolia : Good start to the year in broad-based transformation mode
>Outperform rating and € 43.4 target price maintained - Based on Veolia’s Q1 24 results which just beat our expectations and those of the consensus, we confirm our Outperform rating and € 43.4 target price which is derived from the average for a DCF (€ 40.5), a SOTP (€ 47.5) and a valuation founded on historical multiples (€ 42.2). The EPS revision of only -1.9% reflects the updated number of shares. The group's performances were driven by good volume effects, commerc...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).
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.