Suez (company, 2015)

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Suez SA (formerly Suez Environnement) is a French-based utility company which operates largely in the water and waste management sectors. The company has its head office in La Défense, Paris.[1] In 2015, all the group's brands became SUEZ.[2]

History

Formerly an operating division of Suez, the company was spun out as a stand-alone entity as part of the merger to form GDF Suez (now Engie) on 22 July 2008.[3] Engie remained the largest shareholder of the company with a 35% stake.[3] On the stock market, Suez Environnement's share jumped 40% in value on its first day.[4]

In April 2014, Suez Environnement signed 3 major water treatment contracts in India worth 61 million euros.[5] In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again.[6] In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia.[7]

On 1 October 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars [8] and formed a new business unit called Suez Water Technologies & Solutions. Suez shares are listed on the Euronext exchanges in Paris and Brussels.

On 14 May 2019 Bertrand Camus was appointed as chief executive officer of Suez.[9]

On 1 February 2022 SUEZ began a new chapter in its history with its acquisition by the Consortium of shareholders and the appointment of a new CEO, Sabrina Soussan.

As of 1 August Sabrina Soussan was appointed chairman and CEO of SUEZ.[10]

Financial results

Financial results in millions of euros:[11]

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenues 18,015 17,331 15,783 15,322 15,135 14,324 14,644 15,102 14,830 13,869 12,296 12,364
EBITDA 3,220 2,768 2,578 2,651 2,751 2,644 2,520 2,450 2,513 2,339 2,060 2,102
Current operating income 1,208 1,142 1,000 1,102 1,115 1,011 1,184 1,146 1,040 1,025 926 1,059
Net income (group share) 352 335 295 420.3 407.6 417.2 352 251 323 565 403 533

Main key figures

Key figures for the group in 2024:[12]

  • revenue: €9.2 billion;
  • 40,000 employees;
  • 68 million people worldwide benefit from drinking water
  • 44 million people worldwide benefit from sanitation
  • 8 TWh of energy produced from waste and wastewater
  • 1,300 experts and more than 1,800 patents
  • 10 technical and innovation centers and R&D centers in Europe and Asia

Company governance

As of 5 March 2025 the executive committee is made up of:[13]

  • Pierre Pauliac, Interim Co-CEO & Chief Operating Officer Water
  • Yves Rannou, Interim Co-CEO & Chief Operating Officer Recycling & Recovery
  • Kathleen Wantz-O'Rourke, Group Chief Financial Officer, Executive Vice-President
  • Laurent-Guillaume Guerra, Chief Human Resources Officer & Head of Health & Safety, Executive Vice-President
  • Stéphanie Cau, Chief Communication, Sustainability & Public Affairs, Executive Vice-President
  • Anne-Sophie Le Lay, Group General Counsel, Executive Vice-President

Shareholder structure

Breakdown of share capital as of 11 January 2023.

Caption text
Meridiam 39%
GIP 39%
Caisse des Dépôts et Consignation / CNP Assurances 19%
Employees 3%

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References

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  1. "Legal notice." Suez Environnement. Retrieved on 7 July 2010.
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External links

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