Veolia Environnement SA (CHIX:VIEp)
€ 28.825 0.37 (1.3%) Market Cap: 21.08 Bil Enterprise Value: 31.40 Bil PE Ratio: 20.00 PB Ratio: 1.71 GF Score: 80/100
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Q3 2020 Veolia Environnement SA Corporate Sales Call Transcript

Nov 05, 2020 / 07:30AM GMT
Release Date Price: €17.29 (-0.32%)
Operator

Ladies and gentlemen, welcome to the Veolia Q3 2020 Results Conference Call. I now hand over to Antoine Frérot, CEO; Estelle Brachlianoff; COO; and Claude Laruelle, CFO. Madam, gentlemen, please go ahead.

Antoine FrÃ;rot
Veolia Environnement S.A. - Chairman & CEO

© -

Thank you. Good morning, ladies and gentlemen, and welcome to this conference call on Veolia's Q3 2020 results. I will present these results with Estelle Brachlianoff, our COO; Claude Laruelle, our CFO; and Olivier Brousse, our Head of Strategy.

During this call, I will, of course, give you an update on our project to buy Suez. And we will then present our very good Q3 results, which show the strong capabilities of our group to bounce back quickly. These very good Q3 results enable us to confirm our 2020 objective, which is a Q4 2020 performance equivalent to Q4 2019. And we will then take all your questions.

I am moving on Slide 5. On October 6, we acquired from ENGIE a 29.9% stake in Suez with the intention of launching of a tender offer on Suez' remaining

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