SUEZ 2024 Half Year Results: Continued growth in the first half of the year

EBITDA comes in at €0.733 billion, against €0.632 billion in H1 2023.

The breakdown of revenues and EBITDA by division is as follows:

* Income statement as of June 30th 2023 restated to reflect the impacts of the purchase price allocation of Enviroserv, IWS and SUEZ R&R UK. Impacts of -€1.5 million and -€2.1 million were recorded on revenue and EBITDA respectively as of June 30, 2023.

Net debt amounts to €5.326 billion, compared with €5.162 billion at the end of 2023. This change is in line with the Group's expectations to support its growth and development strategy.

The Group continues its commercial development in France and internationally through the coming into force and the securing of numerous new contracts including:

• the collection of waste from the Métropole de Lyon and La Rochelle as well as the operation of the Taden Waste-to-Energy Unit (contracts that came into force in the first half of 2024)
  
  
• the construction, operation and maintenance of the new wastewater treatment plant in La Roche-sur-Yon (a new contract with a total value of nearly €100 million)
  
  
• the eight-year extension recycling and waste contracts worth over £1 billion with Greater Manchester Combined Authority, the largest waste disposal authority in the UK (new contracts which covers the operation of 41 facilities over 24 sites)
  
  
• the desalination plant in the Iloilo region and the wastewater treatment with Maynilad (both in the Philippines), the construction and operation of a seawater desalination plant in the city of Hsinchu in Taiwan (new contract with a total value of €508 million) and the two new water and waste contracts in Chongqing and Shanghai. These projects support Asian region’s ecological transition