Suez Environnement plays its cards right
- From: Vol 10, Issue 9 (September 2009)
- Category: General
- Region: Unspecified
- Country:
- Related Companies: Suez Environment and Veolia
A positive set of first-half numbers from Suez Environnement cheered analysts and shareholders alike. The company’s ability to protect its EBITDA margins marked it out from the pack.
Shares in Suez Environnement leapt by 11.5% to a 9-month high after the company released a consensus-beating set of results on 26 August
The figures showed ongoing resilience in the face of challenging market conditions, and while first-half revenues declined by 2.6% to €5.87 billion, it was the EBITDA numbers which impressed the market most. Despite the ...
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