Veolia Sets Bold Growth Goals in the United States, Boosting Its Ecological Solutions to Improve Economic Growth and Public Health for Americans

Regulatory News:

On the occasion of its Deep Dive US conference in New York, Veolia (Paris:VIE) today unveiled bold growth ambitions in the booming U.S environmental services market, building on its unique experience and capabilities to expand its business in a country which represents around 25% of the world’s market. The strong growth in demand is due to industrial relocation, water shortages and pollution problems, as well as public health issues. It is supported by ambitious regulation and investment policies.

The Group is the top-ranked environmental company in the United States for three consecutive years¹, and the country’s largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It is uniquely positioned in the American market with a leadership role in improving water quality and mitigating hazardous waste.

Between 2019 and 2023, Veolia benefited from dramatic growth (x2.6 revenues) with an increased demand for its services due to the acceleration of climate change and regulatory changes. With $5.4 billion in sales in 2023, representing 11% of the Group's total revenues ($49 billion) and 12,000 employees, Veolia plans to further expand its footprint in the U.S.

Veolia is committed to continue supporting the U.S. sustainable growth and contribute to public health protection. The Group is engaging on high-impact objectives: by 2027 Veolia aims to grow its revenue by 50% and double in size by 2030.

"Today, the United States is one of the fastest-growing markets for environmental services. Industrial reshoring, water scarcity, public health - all these priorities are driving growth in demand. As a long-standing player and world leader in ecological transformation, Veolia is committed to contribute its know-how and expertise to serve the needs of American customers in solving these problems," said Estelle Brachlianoff, CEO of Veolia. "Through its positioning and mix of activities, Veolia is able to bring environmental solutions to improve economic growth and public health in America and we are setting ambitious goals to expand and strengthen our positive impact”.