Suez Environnement (SZEVY.PK,SZEVF.PK) said its first-quarter revenue was up 2.2 percent to 3.59 billion euros from 3.51 billion euros a year ago. The company posted organic growth of 1.4% for the quarter. All divisions are growing organically, the company noted.
EBITDA for the quarter dropped to 566 million euros from 592 million euros in the prior-year quarter.
Commenting on the 1st quarter 2012 results, Jean-Louis Chaussade, CEO of SUEZ ENVIRONNEMENT, stated,
"In a difficult economic context in Europe, and with the beginning of the year affected by adverse climatic conditions, the results for the 1st quarter have been impacted by the slowdown of treated waste volumes. Nevertheless, the Water business both in Europe and in our International divisions has shown good growth, as illustrated by the signature of the new water and wastewater operation contract for the city of Perth..."
For the 1st quarter, SUEZ posted 69% of its revenue in Europe. The portion achieved internationally, excluding Europe, accounted for 31%, compared to 28% in 2011. It benefited, notably, from the strong growth in the waste activity in Australia.
Going forward, in a difficult macro-economic context in Europe, and despite the slowdown in waste volumes in the 1st quarter, notably linked to unfavourable climatic conditions, SUEZ ENVIRONNEMENT remains confident in the achievement of its annual objectives.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.