Veolia Environnement SA (XBUL:VVD)
лв 29.17 0 (0%) Market Cap: 38.76 Bil Enterprise Value: 59.03 Bil PE Ratio: 19.74 PB Ratio: 1.69 GF Score: 85/100
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Q1 2023 Veolia Environnement SA Earnings Call Transcript

May 04, 2023 / 06:30AM GMT
Operator

Ladies and gentlemen, welcome to the Veolia conference call on the First Quarter 2023 results with Estelle Brachlianoff, CEO; and Claude Laruelle, CFO. I now hand over to Brachlianoff.

Estelle K. Brachlianoff
Veolia Environnement SA - CEO & Director

Thank you very much, and good morning to all of you, and thank you for joining us for this conference call to present Veolia's first quarter key figures. I'm accompanied by Claude Laruelle, our Chief Financial Officer. Following the record result in 2022, the performance achieved during the first quarter is once again very strong. with our revenue up by of 20% and our EBITDA up by 8%, giving us confidence for the rest of the year. I can fully confirm our annual guidance. The integration of sales is continuing under the best possible conditions with, in particular, the implementation of synergies at a sustained pace. EUR 189 million have already been achieved since day 1. Efficiency gains were sustained as well at EUR 87 million in Q1, in line with the annual target.

This very good performance once

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