Finance
First-half 2019 results
SUEZ H1 2019:
ORGANIC GROWTH IN LINE WITH OUR EXPECTATIONS
2019 OBJECTIVES CONFIRMED
- Revenue: €8,656m, organic growth of +3.5%
- EBIT: €645m, organic growth of +4.8% with a positive contribution from each of the divisions
- Net income Group share: €212m, up +135% and +14% excluding one-offs, including a net positive impact of €145m related to the resolution of arbitration on the Buenos Aires contract
- Work on strategic repositioning progressing as planned with conclusions to be presented by October 30th
Bertrand Camus, SUEZ CEO, commented:
Results at June 30, 2019
SUEZs Board of Directors examined the consolidated financial statements at June 30, 2019 at its meeting held on July 25, 2019. They were also reviewed by the Audit Committee at its meeting of July 24, 2019.
Excluding IFRS 16 |
||||||
---|---|---|---|---|---|---|
In millions of euros | June 30, 2018 |
June 30, 2019 | Gross variation |
Organic variation |
Gross variation |
Variation at constant FX |
Revenue | 8,351 |
8,656 |
+3.7% | +3.5% | +3.7% | +2.9% |
EBITDA EBITDA / Revenue |
1,323 15.8% |
1,521 17.6% |
+15.0%
|
+2.4%
|
+3.1%
|
+2.6%
|
EBIT EBIT / Revenue |
607 7.3% |
645 7.5% |
+6.2%
|
+4.8% |
+5.2% |
+5.0% |
Net income - Group share | 90 |
212 | x2.3 |
|||
Net income - Group share excluding one-offs1 |
69 |
79 | +14.3% |
In millions of euros | June 30, 2018 | June 30, 2019 | Gross variation |
---|---|---|---|
Free Cash-Flow |
238 |
292 |
+22.7% |
Excl. IFRS 16 |
|||
Net Debt |
9,323 |
10,614 |
-0.9% |
Net Debt / EBITDA |
3.5x |
3.3x² | -0.2x |
1 At constant reporting standards and excluding impairments, capital gains, and resolution in Argentina
2 At constant reporting standards
2 At constant reporting standards
Contacts
Keywords
For more information
Documents