(AOF) – HDF Energy’s 2023 consolidated turnover stands at 3.9 million euros including 3.2 million euros in Project Management Assistance (AMO) excluding re-invoicing without service margin subcontracted to external service providers. The turnover amounted to 3.5 million euros in 2022. In 2023, the group shows a loss of 7.8 million euros compared to a loss of 3.4 million euros in 2022. Real estate and intangible investments directly impact the group’s cash flow: 62.7 million euros as of December 31, 2023 compared to 87.4 million euros as of December 31, 2022.
AOF – LEARN MORE
Learn more about the Utilities sector
The challenges of water recycling
According to a report from the World Economic Forum, demand for water will jump by 55% by 2050. However, only 11% of water is recycled globally, with strong disparities depending on the country: if this rate reaches 89% in Israel, it falls to 15% in Spain. It is even less than 1% in France! The Veolia manager, however, believes that the rate of 10% targeted for 2030, as part of the new Water plan announced by the authorities, is achievable under certain conditions. At the forefront is administrative simplification. Veolia is committed to tripling its production of recycled water by 2030 to bring it to 3 billion m3. In this area, the world leader in environmental services strengthened its know-how during its takeover bid for the former Suez group.