SUEZ 2024 Half Year Results: Continued Growth in the First Half of the Year

SUEZ S.A. reported revenues of €4.550 billion for the first half of 2024, an increase from €4.370 billion in the same period of 2023. EBITDA reached €0.733 billion, up from €0.632 billion in the first half of the previous year. The Water division contributed €1.664 billion in revenues and €350 million in EBITDA, while the Recycling and Recovery division posted revenues of €2.907 billion and an EBITDA of €410 million.

Net debt rose to €5.326 billion, compared to €5.162 billion at the end of 2023, aligning with the Group’s growth strategy. The company underscored its commercial development with new contracts in France and internationally, including waste management contracts in Lyon and La Rochelle, and a new wastewater treatment plant in La Roche-sur-Yon. Additionally, recycling contracts with Greater Manchester and desalination projects in the Philippines and Taiwan were highlighted.