Strong 2024 Financial Performance
Veolia achieved or exceeded all targets for 2024 with revenue growth of 5%, EBITDA growth of 5.8%, and current net income growth of 14.6% to €1.530 billion.
GreenUp Plan and Share Buyback Announcement
Veolia launched the GreenUp plan, which aims to deliver steady growth from 2024 to 2027. The company also announced a share buyback program from 2025 to 2027 to neutralize the employee shareholding program's dilution impact.
Water Technologies and Hazardous Waste Growth
Water Technologies revenue increased by 7%, and Hazardous Waste revenue increased by 7.1% in 2024, contributing to the company's growth in Booster activities.
Debt Reduction and Strong Cash Flow
Veolia ended 2024 with a leverage ratio of 2.63x, better than expected, due to strong free cash flow generation and divestiture of nonstrategic assets.
Dividend Increase
The company proposed a 12% increase in the dividend to €1.40, reflecting the strong financial performance.