Nine month 2026 key figures

2026前三季报头图-英

2026 guidance fully confirmed

  • Strengthened growth in Q3 with revenue up +5.0%(1), driven notably by International performance and Water activities

  • Confirmation of Veolia's unique positioning, offering proprietary solutions to secure critical needs such as access to water or local resources

  • EBITDA margin improvement by +50bps, supported by the organic growth and the continued rigor of efficiency plans

  • GreenUp strategic plan moving full speed ahead with the rapid portfolio transformation towards international and technologies 

    • Successful start of Clean Earth integration 

    • Disposal plan well underway: €570 million already signed at a 10.4x EBITDA multiple

  • 2026 guidance and GreenUp plan trajectory fully confirmed

KEY FIGURES

Revenue

€33,310M

+2.6%(1)

EBITDA

€5,404M

+5.1%(2)

Current EBIT(3) 

€2,950M

+6.7%(2)

EBITDA margin

16.2%

+50pbs

Disposal Plan
€2bn+
€570M already signed at an average multiple of 10.4x

地图-背景图

REVENUE BY GEOGRAPHY

Estelle Brachlianoff, CEO of the Group, a stated:

Estelle Brachlianoff, CEO, Veolia

“Veolia delivered strong growth in the third quarter, with revenue up +5.0%(1), driven notably by the performance of our international activities and Water. This momentum reflects the strength of our positioning, offering unique solutions to address critical needs. Current context confirms that Veolia relies on powerful structural trends, including water security, resource sovereignty, and the growing demand for essential environmental services.

We continued to improve our operational performance, with a further 50-basis-point increase in EBITDA margin. This achievement demonstrates the benefits of our recurring efficiency plans, the strict discipline of our operational management and our ability to implement additional action plans whenever required.

The transformation of our portfolio towards international and innovative activities, with higher value creation, is progressing rapidly. The integration of Clean Earth has got off to a successful start, strengthening our platform in the United States, while our disposal plan is well underway, with €570 million of disposals already signed at an average multiple of 10.4 times EBITDA.

Building on these solid results we fully confirm our 2026 guidance and our GreenUp trajectory.”

环形标记背景图

(1) At constant scope & forex and excl. energy prices
(2) At constant scope and forex
(3) Before Suez and CleanEarth PPA