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Suez Environnement Company SA Confirms FY 2013 Revenue and EBITDA Guidance; Announces FY 2013 Dividend Target; Updates on H1 2013 Contracts, Including EUR 3.5 billion Contract in Barcelona

Tuesday, 30 Jul 2013 08:00pm EDT 

Suez Environnement Company SA announced that it confirms its guidance for fiscal year 2013, this being that it expects growth in revenues compared to fiscal year 2012 and EBITDA equal to or higher than EUR 2.55 billion. The Company reported fiscal year 2012 revenue ofEUR 15.102 billion. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 15.286 billion and EBITDA of EUR 2.484 billion. The Company also announced that it aims to have a dividend of equal to or higher that EUR 0.65 per share. The Company also announced that during the first half of fiscal year 2013 its Water Europe business won contracts in Girona (8 years, EUR 102 million) and Altea (15 years, EUR 18 million) in Spain and Douai (11 years, EUR 70 million) and Orange (12 years, EUR 17 million) in France. Moreover, the Group has just signed the water and wastewater contract of the metropolitan region of Barcelona that represents additional EUR 3.5 billion over 35 years. 

Company Quote

-0.185 -1.08%
3 Jul 2015