Global EditionASIA 中文双语Français
Business
Home / Business / Companies

SUEZ doubles investments to consolidate position in water and waste management

chinadaily.com.cn | Updated: 2022-09-28 13:57
Share
Share - WeChat
Sabrina Soussan, SUEZ Chair and CEO. [Photo provided to chinadaily.com.cn]

SUEZ doubles its investments to consolidate its position as a leading player in water and waste management

SUEZ has unveiled on Tuesday its strategic plan for 2027:

The Group will focus on its core businesses, including water and waste, and develop its international footprint;
 
The Group will create values for all its shareholders through innovation and investments alongside its clients;

The Group will target an annual average growth in revenue of between 4 percent and 5 percent as well as average annual growth in EBITDA in excess of that of its revenue;

Faced with new environmental and energy challenges, the Group will invest, alongside its clients, more than an additional 860 million euros ($821 million) compared to the previous period and will increase its research and development budget by more than 50 percent.

The acquisition of SUEZ R&R in the United Kingdom is a major strategic step forward for the Group, consolidating its position as a global player in the waste market;

Following this acquisition, SUEZ's revenues will reach 9 billion euros and the Group will have 44,000 employees;

The record contract announced on Tuesday for a new wastewater treatment plant in India, the largest ever signed by SUEZ in the country, illustrates the Group's ambition to grow in targeted, emerging geographies.

1 2 3 4 5 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE