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

Full Year 2020 Veolia Environnement SA Earnings Call Transcript

Feb 25, 2021 / 07:30AM GMT
Release Date Price: €23.64 (+0.77%)
Operator

Ladies and gentlemen, welcome to Veolia Conference Call on 2020 Annual Results with Antoine Frérot, CEO; Estelle Brachlianoff, COO; Olivier Brousse, SVP, Strategy and Innovation; Claude Laruelle, CFO.

I now hand over to Antoine Frérot. Sir, please go ahead.

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

© -

Thank you, and good morning, ladies and gentlemen, and welcome to this conference call on the Veolia 2020 annual results. So I am with Estelle Brachlianoff, our COO; Claude Laruelle, our CFO; and Olivier Brousse, our Head of Strategy.

During this conference, we will present the very strong 2020 results we have just published, which once again prove various resiliency and exceptional rebound capacity in confronting the sanitary crisis. You will see that we recovered our 2019 level of activity and profit as early as Q3, and that we even exceeded it in Q4, leading to second half 2020 well above 2019, making us ideally positioned for 2021.

Since the first signs of the pandemic in China at the beginning

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