Finance

First-half 2017 results

First-half 2017
slight increase in operating results
half-year net result includes transformation plan costs
full-year targets confirmed
GE Water acquisition to close by the end of third-quarter 2017
 

First-half 2017 results:

  • Revenue: €7,526m, organic growth of +0.9%
  • EBIT1: €594m, organic growth of +1.4%
  • Net financial debt: €6,942m; net financial debt/EBITDA ratio of 2.6x

  

in € m June 30, 2016 June 30, 2017 Gross change Organic change FX Change Scope change
Revenue 7,455
7,526
+1.0%
 +0.9%
+0.4%  -0.3%

EBITDA
EBITDA / revenue

1,271²
17.1%
1,268
16.8%
-0.2%
 +0.2%
+1.4%
 -1.8%
EBIT
EBIT / revenue
598²
8.0%
594
7.9%
-0.6%  +1.4%  +2.1%  -4.1%

 

After the Board of Directors approved the first-half 2017 results at its July 26, 2017 meeting, Jean-Louis Chaussade, Chief Executive Officer, made the following statement:


1 Excluding IFRIC 21
2 EBITDA and EBIT for the International division had benefited from the €36m impact of the completion of the acquisition of Derun Environment

Press contact

Ophelie Godard
ophelie.godard@suez.com +33 1 58 81 54 73