Veolia generates €3.8bn in waste management revenues in Q1

Strong organic growth in waste management operations

The French environmental services group Veolia has completed the first quarter of 2022 with "very solid results", CEO Antoine Frérot reported in Paris today. The company recorded strong growth in revenue and earnings, which was due to the take-over of a large part of its competitor Suez's business outside of France, but also to organic growth.

For its world-wide waste management and recycling activities Veolia reported revenue of €3.8bn in the first quarter. Some €2.9bn of this total were generated by Veolia's pre-merger activities, which generated €2.5bn in the prior-year period. The division's organic growth rate was 11.5 per cent, according to Veolia....

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