Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Suez Environnement    SEV   FR0010613471

SUEZ ENVIRONNEMENT (SEV)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Suez Environnement : French group Suez says Brexit could boost its UK waste business

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/30/2017 | 10:08am CET

PARIS (Reuters) - Brexit could have a positive effect on the UK business of French utility Suez (>> Suez Environnement) as it could benefit Suez's waste management activities in Britain, a leading Suez executive said on Thursday.

PARIS (Reuters) - Brexit could have a positive effect on the UK business of French utility Suez (>> Suez Environnement) as it could benefit Suez's waste management activities in Britain, a leading Suez executive said on Thursday.

Jean-Marc Boursier, joint chief executive for Suez's European recycling and recovery business, said Britain would look to handle more of its waste management within the UK post-Brexit, which could boost Suez's business in that area.

"We are convinced it should lead to more opportunities for Suez in the years to come, which should allow us to continue to increase our footprint in the UK, and we will look to build some fine factories in the coming years," Boursier told Reuters.

Prime Minister Theresa May formally began Britain's divorce from the European Union on Wednesday, declaring there was no turning back and ushering in a tortuous exit process that will test the bloc's cohesion and pitch her country into the unknown.

"Speaking as a citizen who is committed to this continent, I regret their decision, but speaking as a Suez manager, it will no doubt have a positive impact on our business in Great Britain," added Boursier.

Earlier this month, Suez sealed a 3.2 billion euro (2.77 billion pounds) acquisition of GE Water from General Electric (>> General Electric Company), in a deal which the company hopes will help to offset pressure on its margins in Europe.

(Reporting by Benjamin Mallet; Writing by Sudip Kar-Gupta; Editing by Adrian Croft)

By Benjamin Mallet

Stocks treated in this article : General Electric Company, Suez Environnement
Valeurs citées dans l'article
ChangeLast1st jan.
GENERAL ELECTRIC COMPANY 0.90% 14.62 Delayed Quote.-15.53%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SUEZ ENVIRONNEMENT
02/19SUEZ : A Baffling Business Legal Case
AQ
02/14SUEZ : 29 Muslim Brotherhood members sentenced to life over 2015 Suez violence
AQ
02/12JEAN-PIERRE CLAMADIEU : French government backs Solvay's Clamadieu as new Engie ..
RE
02/11SUEZ : Antiquities Minister inagurates ‘Moses’ Wells’ in Sinai..
AQ
02/06SUEZ : Daughter of man who died after fall at Dorking recycling centre calls for..
AQ
01/30SUEZ : China wants to create a new silk road
AQ
01/24Dollar slump hits European shares; Suez warning, tumbling tech weigh
RE
01/23SUEZ : Good Sense Factory for aluminium panels launches with investments worth E..
AQ
01/22ECOSLOPS : Agreement with the Suez Canal for a detailled study supported by the ..
AQ
01/18SUEZ : Dry winter causing drop in reservoir levels
AQ
More news
News from SeekingAlpha
02/05SUEZ SA : GE Water Acquisition DD And Perspective 
02/02MONTHLY WASTE RECAP : China, Tax Reform, M&A And February Outlook. 
01/24Suez posts worst-ever stock loss after profit warning 
01/24SUEZ : Opaque Income Statements, Misleading FCF Yields And Secular Decline 
2017LyondellBasell, Suez to launch European plastics recycling JV 
Financials (€)
Sales 2017 15 815 M
EBIT 2017 1 247 M
Net income 2017 292 M
Debt 2017 8 714 M
Yield 2017 5,97%
P/E ratio 2017 21,10
P/E ratio 2018 17,91
EV / Sales 2017 0,98x
EV / Sales 2018 0,88x
Capitalization 6 782 M
Chart SUEZ ENVIRONNEMENT
Duration : Period :
Suez Environnement Technical Analysis Chart | SEV | FR0010613471 | 4-Traders
Technical analysis trends SUEZ ENVIRONNEMENT
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Average target price 13,6 €
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Jean-Louis Chaussade Chief Executive Officer & Director
Gérard Mestrallet Chairman
Christophe Cros Group Director-Finance & Group Deputy CEO
Paul-Joël Derian Group Scientific & Technology Director
Lorenz d'Este Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SUEZ ENVIRONNEMENT-25.61%8 319
WASTE CONNECTIONS INC0.76%18 605
UMICORE19.35%12 938
BEIJING ORIGINWATER TECHNOLOGY CO.,LTD.--.--%7 458
STERICYCLE10.63%6 395
TUS-SOUND ENVIRONMENTAL RESOURCES CO LTD--.--%4 436