SUEZ releases results for the 1st half of 2023 in line with its strategic plan
The breakdown of revenues and EBITDA by division is as follows:
Net debt amounts to €5.024 billion, compared with €4.598 billion for the end of 2022. This change mainly relates to the payment to Veolia of the post-closing earn-out and price adjustment related to the acquisition of the new SUEZ activities as of 31st January 2022.
The results for the first half of 2023, in a context of significant inflation, demonstrate the dynamism and resilience of the Group's activities.
They also include three acquisitions, SUEZ Recycling & Recovery2, IWS3 and EnviroServ4, as well as new contracts including:
- the construction and operation of the wastewater treatment and recovery complex of the Nice Côte d'Azur Haliotis 2 Metropolis, in France (contract worth €700 million);
- the engineering, procurement management and construction contract for Wanhua Chemical Group's reverse osmosis seawater desalination plant in Penglai, China;
- the operation of the public service of collective sanitation of the governorates of Sfax, Gabes, Medenine and Tataouine, in Tunisia (total value of €200 million);
- the operating contract for the Lunel-Viel Energy Recovery Unit in France.
The financial statements are available on the www.suez.com Group website.