Veolia Environnement SA (EPA: VIE)

Veolia Environnement Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	44,737	45,351	42,885	28,508	26,010	27,189
Revenue Growth (YoY)	-1.56%	5.75%	50.43%	9.60%	-4.34%	4.77%
Selling, General & Admin	4,404	4,334	4,170	2,893	2,706	2,768
Other Operating Expenses	37,398	38,149	36,183	24,138	22,311	22,906
Total Operating Expenses	41,865	42,539	40,407	27,082	25,050	25,696
Operating Income	2,872	2,812	2,478	1,426	959.7	1,493
Interest Expense	-930	-769	-620	-393.9	-443.4	-470.5
Interest Income	5	3	4	124.3	2.8	3.4
Net Interest Expense	-925	-766	-616	-269.6	-440.6	-467.1
Income (Loss) on Equity Investments	119	123	127	104.8	110.5	129.8
Currency Exchange Gain (Loss)	-115	-79	-213	7.9	-12.9	-4.4
Other Non-Operating Income (Expenses)	-380	-499	-309	-134.7	-130.4	-161.4
EBT Excluding Unusual Items	1,571	1,591	1,467	1,134	486.3	989.9
Restructuring Charges	-72	-76	-116	-68.2	-106.6	-126.9
Total Merger & Restructuring Charges	-10	-10	-87	-155.9	-	-
Impairment of Goodwill	-2	-2	-69	10.8	-44.1	-1.6
Gain (Loss) on Sale of Investments	379	366	301	-13.4	-4.3	1
Gain (Loss) on Sale of Assets	56	-	-	-7	34.1	338.1
Asset Writedown	-	-	-	-	-	-17.4
Other Unusual Items	47	-	-	-	-	-12.1
Pretax Income	1,969	1,869	1,496	900.7	365.4	1,171
Income Tax Expense	499	511	420	345.8	137	298.5
Earnings From Continuing Ops.	1,470	1,358	1,076	554.9	228.4	872.5
Earnings From Discontinued Ops.	-21	-24	-78	-	-19.9	-111.9
Net Income to Company	1,449	1,334	998	554.9	208.5	760.6
Minority Interest in Earnings	-384	-397	-282	-150.6	-119.7	-135.7
Net Income	1,065	937	716	404.3	88.8	624.9
Preferred Dividends & Other Adjustments	-	-	-	-	-	5.5
Net Income to Common	1,065	937	716	404.3	88.8	619.4
Net Income Growth	6.18%	30.87%	77.10%	355.29%	-85.79%	41.83%
Shares Outstanding (Basic)	709	705	688	593	555	553
Shares Outstanding (Diluted)	738	731	714	618	580	579
Shares Change (YoY)	2.62%	2.38%	15.53%	6.57%	0.24%	0.45%
EPS (Basic)	1.50	1.33	1.04	0.68	0.16	1.12
EPS (Diluted)	1.43	1.28	1.00	0.65	0.16	1.07
EPS Growth	3.04%	27.62%	53.96%	317.52%	-85.40%	64.23%
Free Cash Flow	1,782	1,865	1,364	1,418	1,116	1,412
Free Cash Flow Per Share	2.41	2.55	1.91	2.30	1.93	2.44
Dividend Per Share	1.250	1.250	1.120	1.000	0.700	0.500
Dividend Growth	11.61%	11.61%	12.00%	42.86%	40.00%	-45.65%
Profit Margin	2.38%	2.07%	1.67%	1.42%	0.34%	2.28%
Free Cash Flow Margin	3.98%	4.11%	3.18%	4.98%	4.29%	5.19%
EBITDA	5,200	5,309	4,965	3,093	2,513	3,109
EBITDA Margin	11.62%	11.71%	11.58%	10.85%	9.66%	11.43%
D&A For EBITDA	2,328	2,497	2,487	1,667	1,553	1,616
EBIT	2,872	2,812	2,478	1,426	959.7	1,493
EBIT Margin	6.42%	6.20%	5.78%	5.00%	3.69%	5.49%
Effective Tax Rate	25.34%	27.34%	28.07%	38.39%	37.49%	25.49%

Source: S&P Capital IQ. Utility template. Financial Sources.