
Suez is a French multinational company that operates in the water and waste management sector. It was founded in 1858.
The company has a long history of innovation and expansion, with a presence in over 70 countries worldwide. Suez was listed on the Paris Stock Exchange in 1997.
Suez's financials are robust, with revenue of €2.6 billion in 2014. The company's strong financial position enables it to invest in new technologies and expand its operations.
As of 2015, Suez has a workforce of over 170,000 employees worldwide, making it one of the largest companies in its sector.
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Financial Performance
Suez's financial performance has been impressive, with revenue increasing by 5.4% in 2015 to €19.3 billion.
The company's strong financial position allowed it to invest in new projects and technologies, such as the €1.2 billion acquisition of GE Water & Process Technologies.
Suez's operating profit margin increased by 0.8 percentage points to 11.6% in 2015, driven by cost savings and efficiency gains.
The company's cash flow from operations was €2.4 billion in 2015, which was used to reduce debt and invest in growth initiatives.
Suez's financial performance is a testament to the company's ability to adapt to changing market conditions and deliver strong results.
The company's focus on innovation and sustainability has also driven growth, with revenue from its environmental solutions business increasing by 10.4% in 2015.
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Frequently Asked Questions
What happened to SUEZ water company?
SUEZ has merged with Veolia, and its water business is now part of Veolia Water Technologies & Solutions (VWTS). Veolia is now serving customers with a combined expertise in water, wastewater, and process solutions
What does the SUEZ company do?
SUEZ provides essential services for municipal water and waste management, including water distribution, treatment, and recycling. They also specialize in hazardous waste management and recovery operations.
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