Finance

9M 2021 financial results

SUEZ performance as of September 30, 2021
Improved growth and operating profitability
EBIT target for 2021 adjusted upward


  • Revenues of €13,006 million, with organic growth of +9.8% vs. 9M 2020 and +6.3% vs. 9M 2019 :
    • The Recycling & Recovery activity continues to benefit from robust volumes and pricing, and continued high prices for recycled raw materials
    • Strong resilience of the Water activity
    • Environmental Tech & Solutions records solid growth
  • Improved operational performance: :
    • EBITDA at €2,452 million, with organic growth of +29.0% vs. 9M 2020 and +11.9% vs. 9M 2019
    • EBIT at €1,253 million: +€840 million vs. 9M 2020 and +€266 million vs. 9M 2019
  • EBIT for the full year 2021 now expected above €1,500 million
  • Net debt at €8,761 million, down sharply from September 2020
  • The Group’s CO2 emission reduction target in line with the 1.5°C trajectory has been validated by the SBTi
  • Preparatory works for the creation of the new SUEZ and those related to the Veolia takeover bid are ongoing and continue to aim for completion of the operation around the end of the year


Bertrand Camus, CEO of SUEZ, said:

Contacts

Press: Isabelle Herrier Naufle
isabelle.herrier.naufle@suez.com +33 1 58 81 55 62
Analysts & Investors: Cécile Combeau - Baptiste Fournier - Julien Minot
+33 1 58 81 24 05