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Veolia Environnement SA (VEOEY) Q1 2026 Earnings Call Tra...
2026-05-06 · via All Articles on Seeking Alpha

Veolia Environnement SA (VEOEY) Q1 2026 Earnings Call May 6, 2026 2:30 AM EDT

Company Participants

Estelle Brachlianoff - CEO & Director
Emmanuelle Menning - Deputy CEO & CEO of Veolia Germany

Conference Call Participants

Ajay Patel - Goldman Sachs Group, Inc., Research Division
Arthur Sitbon - Morgan Stanley, Research Division
Olly Jeffery - Deutsche Bank AG, Research Division
Philippe Ourpatian - ODDO BHF Corporate & Markets, Research Division
Alexandre Roncier - BofA Securities, Research Division

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the Veolia publication of Q1 Financial Information Conference Call with Estelle Brachlianoff, CEO, and Emmanuelle Menning, CFO. [Operator Instructions]

Estelle Brachlianoff
CEO & Director

Thank you very much, and good morning, everyone. Thank you for joining this conference call to present Veolia, because you know the line is a little bit blurred. So I thought you had finished your introduction. No anyway, I will go on. I'm accompanied by Emmanuelle Menning, our CFO, to present Veolia's Q1 key figures. I will start on Slide 4 by highlighting the key achievements of the first quarter. We delivered a strong Q1, resilient growth and solid EBITDA progression, fully in line with our annual guidance in spite of a difficult environment. Our unique multi-local model has proven its value again, combining resilience with growth potential based on a sustained demand for essential services, which has led to limited impact from the Middle East conflict and even future opportunities. I will come back to that in a minute.

We are continuing our strategic transformation towards international markets and technology-driven solutions with new tuck-ins in Q1. I will also come back to innovation after our dedicated day recently held in London as it is core to our strategy, fueling growth and efficiency targets for years to come beyond the GreenUp plan. I, of course, will fully confirm