Suez Environnement
Suez SA is a French-based utility company which operates largely in the water treatment and waste management sectors.
 | |
| Société Anonyme | |
| Traded as | Euronext: SEV CAC Next 20 Component |
| Industry | Utilities |
| Predecessor | Gaz de France Suez |
| Founded | 22 July 2008 |
| Headquarters | , |
Key people | Jean-Louis Chaussade (Chairman) Bertrand Camus (CEO) |
| Products | Water treatment, waste management |
| Revenue | €15.322 billion (2016)[1] |
| €2 billion (2016)[1] | |
| €623 million (2016)[1] | |
| Total assets | €29.284 billion (end 2016)[1] |
| Total equity | €6 billion (end 2016)[1] |
Number of employees | 82,536 (end 2016)[2] |
| Website | www.suez.com |
Contents
HistoryEdit
Formerly an operating division of Suez, the company was spun out as a stand-alone entity as part of the merger to form GDF Suez (now Engie) on 22 July 2008.[3] Engie remained the largest shareholder of the company with a 35% stake.[3] On the stock market, Suez Environnement' s share jumped 40% in value on its first day.[4]
In April 2014, Suez Environnement signed 3 major water treatment contracts in India worth 61 million euros.[5] In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again.[6] In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia.[7]
On October 1, 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars [8] and formed a new business unit called Water Technologies & Solutions. Suez shares are listed on the Euronext exchanges in Paris and Brussels.
DescriptionEdit
Financial resultsEdit
Financial results in millions of euros:
| 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | 15,322 | 15,135 | 14,324 | 14,644 | 15,102 | 14,830 | 13,869 | 12,296 | 12,364 |
| EBITDA | 2,651 | 2,751 | 2,644 | 2,520 | 2,450 | 2,513 | 2,339 | 2,060 | 2,102 |
| Current operating income | 1,102 | 1,115 | 1,011 | 1,184 | 1,146 | 1,040 | 1,025 | 926 | 1,059 |
| Net income (group share) | 420.3 | 407.6 | 417.2 | 352 | 251 | 323 | 565 | 403 | 533 |
Edit
The largest shareholder in Suez Environnement as of 31 December 2010 was GDF Suez with around 35.4%. Other major stakes were held by Groupe Bruxelles Lambert (7.1%), employees of the company (0.9%), Caisse des Dépôts et Consignations (2.0%), Areva (1.4%), CNP Assurances (1.3%), and Sofina (0.8%).[10] Some 52% of the shares were considered free float.
ReferencesEdit
- ^ a b c d e "Consolidated Financial Statements of SUEZ for the Fiscal Years Ended December 31, 2016 and 2015" (PDF). Suez S.A. Retrieved 13 December 2017.
- ^ "Press Release SUEZ 2016 Annual Results" (PDF). Suez S.A. Retrieved 13 December 2017.
- ^ a b Maitre, Marie (22 July 2008). "Suez Environnement gushes on Paris market debut". Reuters. Retrieved 2008-07-22.
- ^ "UPDATE 1-Suez Environnement gushes on Paris market debut". Reuters. 2008-07-22. Retrieved 2019-08-10.
- ^ Ghaswalla, Amrita Nair. "Suez Environnement bags three water treatment projects worth ₹505 crore". @businessline. Retrieved 2019-08-10.
- ^ "SUEZ environnement becomes SUEZ". Resource Magazine. Retrieved 2019-08-10.
- ^ Binsted, Tim (2015-09-21). "France's Suez buys Sembcorp out of Australian waste joint venture for $485m". The Sydney Morning Herald. Retrieved 2019-08-10.
- ^ "Suez targets industrial water with $3.4 billion GE Water deal". Reuters. 2017-03-08. Retrieved 2019-08-10.
- ^ "Legal notice." Suez Environnement. Retrieved on 7 July 2010.
- ^ "Capital structure". Suez Environnement. Retrieved 10 February 2011.
