Brief: Seche Environnement FY EBITDA Up At Eur 217.7 Million

Seche Environnement SA

11/03/2024 17:22

March 11 (Reuters) - Séché Environnement SA  CCHE.PA :
    * TO PROPOSE DIVIDEND OF EUR 1.20
    * FY REVENUE EUR 1.09 BILLION, UP 5.8% IN ORGANIC CHANGE YOY
    * ROADMAP 2026 CONFIRMED
    * FY EBITDA EUR 217.7 MILLION, UP 10.1% IN ORGANIC CHANGE
YOY
    * 2024 TARGET: CONTRIBUTED REVENUE UP ORGANICALLY +5%
(VERSUS.
CONTRIBUTED REVENUE 2023) + SCOPE EFFECT OF AROUND €60M
    * FY CONSOLIDATED NET INCOME EUR 50 MILLION, UP 20% IN
ORGANIC
CHANGE
    * 2024 TARGET: EBITDA UP ORGANICALLY BY +10% TO TARGET
AROUND
€230M (VERSUS. ADJUSTED EBITDA 2023)
    * 2024 TARGET: COI UP ORGANICALLY BY +14% TO TARGET AROUND
€105M
(VERSUS. ADJUSTED COI 2023)
    * 2024 TARGET: FINANCIAL LEVERAGE RATIO OF 2.7 X EBITDA
-EXCLUDING
EXTERNAL GROWTH
    * FY OPERATING FREE CASH FLOW EUR 101.3 MILLION, UP 29.2% IN
GROSS
CHANGE
    * OVER PERIOD 2024 TO 2026, INTENDS TO GENERATE FREE CASH
FLOW OF
AT LEAST €250M (EXCLUDING ACQUISITIONS)
    * AS OF 31 DEC 2023, NET FINANCIAL DEBT AT EUR 641.9 MILLION
VERSUS. EUR 587.4 MILLION AT DECEMBER 31, 2022

Source text for Eikon:  ID:nBwnMBwsa 
Further company coverage:  CCHE.PA 

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