Suez revises guidance as GDP growth slips
- From: Vol 10, Issue 3 (March 2009)
- Category: General
- Region: Europe
- Country: France
- Related Companies: BNP Paribas, Deutsche Bank, Natixis and Suez Environment
Suez Environnement is predicting EBITDA growth in the low single digits this year – a far cry from last summer’s bullish outlook. The company is also preparing to roadshow its inaugural bond issue.
When GWI interviewed Jean-Louis Chaussade in July 2008, the Suez Environnement boss was predicting EBITDA growth of 4.0-6.5% in 2008, followed by a return to 8.0% growth in 2009 and 2010. The release of the company’s full-year results on 4th March show just how much has changed since last summer – SE is now forecasting revenue and ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
