Advertising

Succesful year for Suez

Suez has announced a revenue of 15.135 billion Euro for 2015, which is an increase of 811 million Euro compared to 2014. The EBITDA was 2,751 million Euro
Anzeige

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.”

Source: Suez

Latest news

RECYCLING magazine provides independent, deeply investigated information about all aspects of secondary raw materials. The magazine has a long track record, it has a history of more than 70 years. more

RECYCLING magazine is a member of

Read about what matters in your industry
Newsletter
Stay informed and subscribe to our monthly RECYCLING magazine newsletter.
Register now

I consent to DETAIL Architecture GmbH regularly sending me individualised exciting news and events by email. The processing of my personal data is to be done in line with statutory provisions. I can rescind my consent in respect of DETAIL Architecture GmbH at any time.
close-link