293 articles in France
The valuation of the French industrial waste treatment company raised some eyebrows when it debuted on the stock exchange earlier this month. Does the business model justify investors’ bullishness?
After a long pause, there is finally a trickle of water-related IPOs in the market. Polypipe, the UK’s largest plastic pipe manufacturer, priced at 245p on 11 April valuing, the company at £490 million.
The French group struggled to meet revenue growth targets in two of its strategic priority markets last year. CFO Jean-Marc Boursier explains his strategy for restoring growth in the face of falling municipal volumes.
Veolia’s boardroom drama continues.
The listed French and Italian water groups regained favour among investors in 2013. In the UK, meanwhile, all utility takeovers are off until regulatory visibility improves.
Veolia is reported to have put its networks business, Sade, up for sale.
CEO Antoine Frérot tells GWI that the new group structure will enable to company to be seen as part of the fabric of the community, while still bringing customers the capabilities of a global market leader.
Both Veolia Water and Degrémont reported double-digit falls in their design-build businesses for the first half of 2013, but overall, investors seem inclined to believe that the worst is over for both companies.
HD Supply completed its New York Stock Exchange IPO at the end of last month.
Veolia Environnement finally announced the details of its restructuring.