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Veolia Environnement SA

VIE: XPAR (FRA)

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Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€81.40	Lftq	Dgvyfpsq

Cost-Savings and Synergies Will Continue To Support Veolia's Earnings Growth

Aug 8, 2023

Business Strategy and Outlook

Veolia Environnement SA is the world's largest water company. Treatment and distribution of water accounts for about 40% of the turnover. In France, where Veolia is the historical leader, the business has been affected by a wave of contract renewals since 2010, which reduced profitability, but the bulk of those renewals is over.

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