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Veolia Environnement (VEOEY)
OTHER OTC:VEOEY
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.52Last Year’s EPS
0.5Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 21, 2019
|% Change Since: -8.71%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong revenue growth, efficient cost management, and successful synergy achievements. However, there were some challenges, particularly in the energy segment and negative weather impacts.Company Guidance
During the Veolia Q3 2024 earnings call, CEO Estelle Brachlianoff and CFO Emmanuelle Menning provided detailed guidance, emphasizing strong performance aligned with annual targets. Revenue grew by 5.1% excluding energy prices, with notable increases in booster activities (6.9%) and geographies (6.4%). Efficiency gains reached €296 million against a €350 million target, and synergies from the SUEZ merger hit €411 million, prompting an upward revision of the 2024 synergy target to above €430 million. EBITDA rose by 5.6% on a like-for-like basis, matching the annual guidance of 5% to 6%, with a margin increase of 72 basis points. The company maintained a leverage ratio below 3x, keeping net financial debt under control. Veolia's performance was supported by strategic investments in growth areas, notably Water Technologies, which saw a revenue increase of 13.5%, and the company confirmed its guidance for a 10% annual growth in net income, driven by operational efficiency and strategic capital allocation.Strong Revenue Growth
Veolia reported a revenue increase of 5.1% excluding energy prices, with Q3 revenue growth at 6.7%.
Efficiency and Synergies Ahead of Target
Efficiency gains reached EUR 296 million against an annual target of EUR 350 million. Synergies achieved EUR 411 million, exceeding the initial 2024 target.
Water Technologies Performance
Water Technologies grew by 13.5% with significant bookings of EUR 3.3 billion, driven by desalination projects and ultrapure water contracts.
EBITDA Growth
EBITDA increased by 5.6% on a like-for-like basis, reaching EUR 4.936 billion.
Net Income Guidance
Veolia confirms a net income growth target of over EUR 1.5 billion for 2024, reflecting a more than 15% increase compared to last year.
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VEOEY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VEOEY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $15.62 | $15.43 | -1.22% |
| Aug 01, 2024 | $15.71 | $15.20 | -3.25% |
| May 14, 2024 | $15.69 | $16.05 | +2.29% |
| Feb 29, 2024 | $15.64 | $15.07 | -3.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Veolia Environnement (VEOEY) report earnings?
Veolia Environnement (VEOEY) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Veolia Environnement (VEOEY) earnings time?
Veolia Environnement (VEOEY) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VEOEY EPS forecast?
VEOEY EPS forecast for the fiscal quarter 2024 (Q4) is 0.52.
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