SUEZ exceeds its second-half 2020 guidance

  • 25/01/21

SUEZ exceeds its second-half 2020 guidance

 

  • Revenue resisting better than anticipated: organic variation of around -1%, versus a guidance of -4% to -2% in second-half 2020

 

  • Profitability in second-half 2020 driven by the rigorous execution of the performance plan:
    – EBIT: c. €670m to €680m versus initial guidance of €600m to €650m
    – EBITDA: c.€1,600m

 

  • Net debt at c.€9,750m1, a sharp decline compared with December 31, 2019 and June 30, 2020 thanks to structural improvement of cash generation

    N.B.: All the financial items presented in this press release are preliminary and unaudited.

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