Finance

SUEZ 9M 2019

STRONG PERFORMANCE
FULL YEAR REVENUE TARGET UPGRADED
TOWARDS THE UPPER END OF THE RANGE


  • Revenue: €13,127m, organic growth of +3.2%, each division contributing positively
  • EBIT: €1,016m, organic growth of +4.2%, notably driven by Recycling & Recovery and International divisions
  • 2019 guidance:
    • Upgrade of revenue expectations towards the upper end of our organic growth target range
    • Confirmation of all other 2019 objectives
  • Net Debt down (on a constant accounting basis), to €10,600m
  • Our strategic plan “Shaping SUEZ 2030” launched and under way


Bertrand Camus, SUEZ CEO, commented:

Results at September 30, 2019

The Board of Directors of SUEZ examined the consolidated financial statements at September 30th, 2019 at its meeting held on October 29th, 2019. They were subject to review by the Audit Committee at its meeting of October 25th, 2019.

   Excluding IFRS 16
In millions of euros September 30, 2018
excl. IFRS 16
September 30, 2019 Gross variation
Organic variation
Gross variation
Variation at constant FX
Revenue 12,697
13,127
+3.4%
+3.2%
+3.4%
+2.7%

EBITDA

EBITDA / Revenue

2,048

16.1%

2,330

17.8%

+13.8%

 

+1.1%

 

+1.8%


+1.3%


EBIT

EBIT / Revenue

963

7.6%

1,016

7.7%

+5.6%


+4.2%


+4.5%


+4.2%


In millions of euros September 30, 2018
excl. IFRS 16
September 30, 2019 Variation
excl. IFRS 16

Net debt

9,335
10,600
-1.1%
Net debt / EBITDA
3.4x
3.3x1 -0.1x
1 On a constant accounting basis (excl. IFRS 16)

Press contact

Isabelle Herrier Naufle
isabelle.herrier.naufle@suez.com +33 1 58 81 55 62
Analysts / Investors: Mathilde Rodié, Cécile Combeau
+33 1 58 81 24 05