SUEZ doubles its investments
Since the start of 2022, the new SUEZ Group has successfully demonstrated its resilience and its ability to pursue its development: bolstered by the support of its shareholders—Meridiam, GIP, Caisse des Dépôts and CNP Assurances—SUEZ has notably made several strategic acquisitions to strengthen its position in key markets and business lines: IWS in France (Industrial Waste Specialties, hazardous waste treatment), EnviroServ in South Africa (waste management), SUEZ R&R in the United Kingdom (waste recycling and recovery activities).
Today, SUEZ presents its strategic plan for 2027 with the ambition of becoming the trusted partner for circular solutions in water and waste.
The strategic plan provides for development centered on value creation through the contribution of proven solutions, increased innovation and strengthened investment capabilities to help SUEZ’s clients tackle growing environmental challenges.
- SUEZ has unveiled today its strategic plan for 2027
- The Group will focus on its core businesses, i.e. water and waste and develop its international footprint
- The Group will create values for all its shareholders through innovation and investments alongside its clients
- The Group targets annual average growth in revenue of between 4% and 5% as well as average annual growth in EBITDA in excess of that of its revenue
- Faced with new environmental and energy challenges, the Group will invest, alongside its clients, more than an additional €860 million compared to the previous period and will increase its research and development budget by more than 50%
- The acquisition of SUEZ R&R in the United Kingdom* is a major strategic step forward for the Group, consolidating its position as a global player in the waste market
- Following this acquisition, SUEZ's revenues will reach €9 billion and the Group will have 44,000 employees
- The record contract announced today for a new wastewater treatment plant in India, the largest ever signed by SUEZ in the country, illustrates the Group's ambition to grow in targeted, emerging geographies