Veolia reported FY 2025 revenue of EUR 44.4 billion, with like-for-like growth of +1.4% (+2.8% excluding energy prices). FY 2025 EBITDA rose to EUR 7.1 billion (+6.3%), with an EBITDA margin of 15.9% (up 70 basis points). Current EBIT was EUR 3.7 billion (+8.9%). Current net income attributable to shareholders was EUR 1.6 billion (+9.1% at constant forex), while net income attributable to shareholders was EUR 1.2 billion (+10.9%). Net free cash flow was EUR 1.2 billion and net financial debt was EUR 19.7 billion, with a leverage ratio of 2.79x and ROCE after taxes of 9.4%. Veolia said 2025 marked the end of Suez integration, with Suez synergies of EUR 100 million in 2025 and EUR 534 million completed over 2022–2025. The group highlighted portfolio moves including the EUR 1.5 billion acquisition of CDPQ minority interests in Water Technologies and the planned acquisition of US hazardous waste player Clean Earth (assumed closing mid-2026). The company proposed a FY 2025 dividend of EUR 1.50 per share (ex-dividend date: 11 May 2026; payment: 13 May 2026) and referenced a share buyback plan dedicated to employee share ownership of about EUR 400 million in 2025. For 2026, Veolia guided for organic EBITDA growth of +5% to +6% and current net income attributable to shareholders growth of at least +8% at constant forex (excluding Clean Earth).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veolia Environnement SA published the original content used to generate this news brief via Business Wire (Ref. ID: 20260225241172) on February 26, 2026, and is solely responsible for the information contained therein.