Brief: Seche Environnement Raises 2024 and 2026 Targets

Seche Environnement SA

04/09/2024 16:51

Sept 4 (Reuters) - Seche Environnement SA  CCHE.PA :
    * UPWARD REVISION OF 2024 - 2026 TARGETS
    * H1 ORGANIC GROWTH: AROUND +2% EXCLUDING "ENERGY" AND
"SPOTS"
ACTIVITIES
    * OUTLOOK 2024: CONTRIBUTED REVENUE AROUND EUR 1,120 MILLION
    * OUTLOOK 2024: EBITDA AROUND EUR 235M
    * OUTLOOK 2024: COI AROUND EUR 110 MILLION
    * OUTLOOK 2024: FINANCIAL LEVERAGE 3.8X
    * NET FINANCIAL DEBT DOWN TO 617 MEUR AS OF JUNE 30 2024
(VERSUS.
642 MEUR AT 31.12.23)
    * OUTLOOK 2026: REVENUE OF AROUND EUR 1,290 MILLION
    * OUTLOOK 2026: EBITDA BETWEEN 305-315 MEUR
    * H1 PRESERVED FINANCIAL FLEXIBILITY WITH 3X FINANCIAL
LEVERAGE.
(VERSUS. 2.9X AT 12.31.23)
    * H1 CURRENT OPERATING INCOME 29.6% OF REVENUE
    * OUTLOOK 2026: COI BETWEEN 165-175 MEUR
    * H1 NET INCOME GROUP SHARE EUR 8 MILLION
    * H1 CONTRIBUTED REVENUE EUR 491.6 MILLION
    * H1 CONSOLIDATED EBITDA EUR 88,3 MILLION VERSUS EUR 101,9
MILLION
YEAR AGO

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