Veolia: strong growth ambitions in the United States
April 19, 2024 at 03:01 am EDT
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After multiplying its sales in the United States by 2.6 between 2019 and 2023, to reach $5.4 billion last year, Veolia has stated its ambition to increase them by 50% by 2027 and double in size by 2030.
In this country, which accounts for around 25% of the global market, the French group wants to respond to strong growth in demand 'due to reindustrialization, water scarcity and pollution problems, as well as public health issues'.
In environmental terms, Veolia's objectives in the United States by 2027 are to eliminate 600 kilotons of CO2 emissions from the atmosphere, save 120 million m3 of water and treat two million tons of hazardous waste.
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Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).