One figure alone illustrates the planet’s needs for clean energy and environmental services to clean up, decarbonize and regenerate resources (water, waste, etc.): 2,500 billion euros per year, i.e. estimation of this potential market by Veolia. Estelle Brachlianoff, general director of the global group, brandished it on Thursday, February 29, during the presentation of her “strategic program” 2024-2027, Green Up, intended to accelerate ecological transformation. The world number 1 in the sector intends to capture its share by relying on its technological advances, its geographic locations and solid financial health.
Veolia published unprecedented 2023 results on Thursday February 29, up for the seventh consecutive year. After the acquisition of most of its historic competitor Suez in 2022, the group posts a turnover of 45.4 billion euros (+ 9%) and a net profit of 1.3 billion (+ 14.9 %). It targets at least 1.5 billion in profits in 2024, an increase of 10% per year by the end of 2027 and an Ebitda (earnings before interest, taxes, depreciation and amortization) of at least 8 billion euros in 2027 (compared to 6.5 billion euros in 2023).
“ These historic results are the result of a pioneering positioning in the growing market of ecological transformation, as well as our ongoing efforts of strict operational management”commented Mme Brachlianoff. Strengthening this transformation is at the heart of Veolia’s new strategy. “We operate in a demand market”, she notes. Increasingly strong, it comes from local authorities and industrialists as well as populations, increasingly demanding on health (water and air quality, pollution, etc.) and concerned about sovereignty for water and energy.
The new plan is based in particular on three activities deemed strategic, where Veolia can offer “high impact solutions” : local “decarbonizing” energy (bioenergy, energy efficiency of industry and buildings, electrical flexibility), water technologies making it possible to preserve an increasingly unpredictable resource and to treat new pollutants, the notebook orders for the “Water Technologies” division having jumped by 13% in 2023 (5.3 billion euros), and the treatment of hazardous waste. Their volume is growing in the industry as regulations tighten. And it will eventually be necessary to add the recycling of automobile batteries (lithium, nickel, cobalt, etc.).
You have 47.37% of this article left to read. The rest is reserved for subscribers.