Veolia updates 2026 outlook as EBITDA rises 5% in first half
Veolia updates 2026 outlook as EBITDA rises 5% in first half By Zakarya Meliani
July 30 (Reuters) - French environmental services provider Veolia VIE.PA reported first-half EBITDA growth of 5% on Thursday and updated its 2026 net-income guidance to reflect the inclusion of Clean Earth while maintaining its growth targets.
EBITDA rose 5.0% organically to 3.55 billion euros and margin improved by 70 basis points to 16.0%.
Water Technologies revenue fell 4.8% to 2.21 billion euros as Middle East tensions delayed project orders and execution, although the business posted like-for-like growth of 0.6% excluding projects.
H1 revenue +0.8%, EBITDA +5%, margin +70bps
Water Technologies revenue down 4.8% due to Middle East delays
Excluding projects, Water Technologies grew 0.6%
CEO says Gulf desalination projects temporarily frozen but expects rebound.
New Ohio data-centre contract involving 350-MW microgrid and battery storage
Raised 2026 current net income guidance to include Clean Earth while maintaining at least 8% growth at constant exchange rates
(Reporting by Zakarya Meliani; editing by Matt Scuffham)
((zakarya.meliani@thomsonreuters.com))