Veolia Environnement SA

VIE: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€54.00	Xwqkdb	Vnybckbhy

Cost-Savings and Growth Investments to Buttress Veolia's Earnings and Dividend Growth

Tancrede Fulop

Apr 17, 2024

Business Strategy and Outlook

Veolia Environnement is the world's largest water company. Treatment and distribution of water accounts for about 40% of the turnover. It comprises water concessions in France and regulated water businesses in the US, Chile, and Catalonia. The water activity is uncyclical and indexed to inflation.

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