Veolia records profit increase of 10.9% in 2025, exceeding targets

Veolia achieved a profit of 1,217 million euros in 2025, an increase of 10.9% compared to 2024, the French environmental services multinational announced this Thursday, 26th.

The result before taxes, interest, amortization and depreciation (EBITDA) totaled 7,050 million euros, which means an increase of 6.3% compared to the same period of the previous year, and the target was an increase of between 5% and 6%, “despite a complex environment”, highlighted in a statement the executive president, Estelle Brachlianoff.

All businesses contributed to EBITDA, with the water technologies business rising 14.1% (669 million euros).

The business grew 9.3% in America, Asia-Pacific, Africa and the Middle East (2,009 million), and 1.8% in Europe (2,758 million).

The company’s overall revenue increased by 1.4%, equivalent to 44,396 million euros.

Net debt was 19,657 million euros at the end of 2025, against 17,819 million a year earlier.

The company’s management will propose to the meeting, which will be held on April 23rd, the distribution of a dividend of R$1.5 per share for the 2025 financial year, to be paid in cash, and, in parallel, purchased its own shares worth around R$400 million for the plan intended for employees.

Brachlianoff stated that they approach “the year 2026 in very good conditions, perfectly positioned for a new year of growth in results”.

For 2026, Veolia expects “solid” growth in equivalent terms of its revenue, excluding the impact of possible variations in energy prices and an increase also in comparable EBITDA figures of between 5 and 6%.

As for current profit in equivalent data, it should increase “at least 8%”, excluding the Clean Earth purchase operation, which should be completed in the middle of this year and have a positive impact from 2027 onwards.

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