The water division reports increases in revenue by 3.2% and in EBITDA by 3.9%. The international reports an increase in revenue by 9.3% with a decrease of 2.5% in EBITDA. In Recycling and Recovery, there was a decrease of 1.1% in revenue, affected by falling secondary raw material and electricity prices. While France was down by 4%, UK/Scandinavia grew by 3.3% and Germany by 2.2%. EBITDA for this division also decreased by 1%.
“Suez delivered another strong performance in 2015. Revenue grew by 5.7%, EBIT margin rose by 0.4 point and free cash flow exceeded €1bn. This demonstrates the robustness of our business model and our ability to adapt in a volatile and mixed environment”, CEO Louis Chaussade points out. “In what remains an uncertain environment, we are redoubling our commercial development efforts and maintaining a strong focus on cost control and continued efficiency and competiveness improvement. We can therefor look with confidence to 2016.”