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

Q3 2023 Veolia Environnement SA Earnings Call Transcript

Nov 09, 2023 / 07:30AM GMT
Release Date Price: €25.87
Operator

Good morning, ladies and gentlemen, and welcome to the Veolia Conference Call and Q3 2023 Results with Estelle Brachlianoff, CEO; and Claude Laruelle, CFO. (Operator Instructions) This call is being recorded on Thursday, November 9, 2023. I would now like to turn the conference over to Ms. Estelle Brachlianoff. Please go ahead, ma'am.

Estelle K. Brachlianoff
Veolia Environnement SA - CEO & Director

Thank you, and good morning to all of you, and thanks for joining us for this conference call to present Veolia's 9 months results, and I'm accompanied by Claude Laruelle, our Chief Financial Officer.

I'm on Slide 3. Thanks to our strict operational and financial discipline as well as commercial momentum, the performance achieved during the first 9 months 2023 is once again very strong and very similar to that of the first half, whilst our free cash flow generation has improved significantly.

At constant scope on ForEx, our revenue increased by 10.7% to EUR 33.2 billion or plus 4.6%, excluding energy price, which are pass-through for us, as

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