[     Press releases listing ](/media/press-releases "  Press releases listing")

 06 Nov. 2025 



 

 

 

## Continued Strong Growth in Results  
Objectives Fully Confirmed

**▁▁▁**

- *Solid 9M 2025, in line with our annual guidance*
- *Sustained Revenue growth, in line with first half, of +3.2%(1) to €32,323M*
- *Solid operating performance, with an organic growth of EBITDA of +5.4%(2) to €5,080M, fueled by revenue growth, operational efficiency and synergies in line with targets*
- *Dynamic capital allocation policy creating value, with €2.3bn of net financial investments, including notably acquisitions in Water Technologies and Hazardous Waste*
- *Leading to Net financial debt(3) well under control at €19,925M and a leverage ratio of 3.0x, in line with our trajectory*
- *Objectives fully confirmed*

**▁▁▁**

### **Key Figures**



 

 

 



REVENUE

**€32,323M**

+3.2% ↑ (1)



 

 

 

 

 

 



 

EBITDA

**€5,080M**

+5.4% ↑ (2)



 

 

 

 

 

 



 

EBITDA margin

**15,7%**

+50bps ↑



 

 

 

 

 

 



 

Current EBIT(3)

**€2,737M**

+7.9% ↑ (2)



 

 

 

 

 

 



 

Net Financial Debt(3)

**€19,925M****(6)**



 

 

 

 

 

 



 

 

 





**Estelle Brachlianoff, CEO of the Group,** stated:

*“Truly international, Veolia benefits from dynamic global demand, delivering strong performance quarter after quarter and showing sustained profit growth over the first nine months of 2025.*

*The Group generates 80% of its revenue internationally, and its activity outside Europe(4) has increased by nearly +5%(2) since the beginning of the year and by nearly +7%(2) during the third quarter alone.*

*The relevance of the priorities of the GreenUp plan is once again confirmed by the very good operational performance of the activities, notably boosters(5), whose EBITDA is sharply growing.*

*The dynamic and successful capital allocation policy continues, with €2.3bn invested in Water Technologies and Hazardous Waste outside Europe, following divestitures of non-strategic assets the previous year.*

*This strong performance, in a complex global context, makes us fully confident in achieving our objectives for the year.”*



 

 

 

 

 

 





 

 

 

 





**View the full press release from Veolia Group**

[View the Press Release](https://www.veolia.com/en/our-media/press-releases/key-figures-30-september-2025)

 



 

 

 



 

 

 

 





(1) At constant scope and forex and excluding energy prices  
(2) At constant scope and forex  
(3) Before Suez PPA  
(4) IFRS 8 Segment Rest of the World  
(5) Boosters: water technologies, hazardous waste, bioenergies, flexibility and energy efficiency  
(6)Including c.€850M of temporary favorable impact of hybrid bond issuance to be reversed at year-end



 

 

 



 

 

 

 






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