For the first three months of 2023, Veolia reports growth in recurring EBIT of 14% on a like-for-like basis, to 788 million euros, as well as EBITDA of 1.57 billion euros, up 8% organically.
Sales for the utilities group totaled 12 billion euros, up 19.9% on a like-for-like basis (+6.3% excluding the effect of energy prices), with increases across all operating segments.
These performances once again illustrate our low sensitivity to the economic cycle and our ability to pass on cost increases in our prices", comments CEO Estelle Brachlianoff.
Veolia fully confirms its 2023 outlook, including "solid organic growth" in sales, organic EBITDA growth of +5 to +7%, and net income before non-recurring items, group share, of around 1.3 billion euros.
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Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).
VEOLIA ENVIRONNEMENT 
