Veolia stock trades at EUR 31.41 as H1 EBITDA rises 5.0 percent

Published on 09/25/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Veolia stock's H1 revenue reached EUR 22.193 billion on June 30, 2026, while current net income rose 10.4 percent at constant forex. UBS lifted its target to EUR 39.

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Veolia (ISIN FR0000124141) stock was trading at EUR 31.41 on Euronext Paris on September 25, 2026, at 3:18 p.m. CEST, up 0.32 percent from the EUR 31.31 prior close. The company reported H1 2026 EBITDA of EUR 3.552 billion, an increase of 5.0 percent at constant scope and forex.

H1 margin reaches 16.0 percent

According to Business Wire, Veolia generated H1 2026 revenue of EUR 22.193 billion, compared with EUR 22.048 billion in H1 2025. Revenue increased 0.8 percent at constant scope and forex, while EBITDA rose from EUR 3.367 billion to EUR 3.552 billion.

The EBITDA margin advanced from 15.3 percent in H1 2025 to 16.0 percent in H1 2026, a 70-basis-point improvement. Current EBIT reached EUR 1.956 billion, up 6.4 percent, and current net income group share rose 10.4 percent at constant forex to EUR 837 million.

UBS raises target to EUR 39

On September 9, 2026, ideal-investisseur.fr reported that UBS raised its Veolia price target from EUR 37.80 to EUR 39 and maintained a buy opinion. The EUR 39 target stands 24.17 percent above the EUR 31.41 intraday price.

The analyst signal gives the stock a valuation reference, while the operating figures show where the support for that view comes from: EBITDA expanded faster than revenue and the margin improved by 70 basis points. Veolia also reported H1 net income group share of EUR 682 million, compared with EUR 657 million in H1 2025.

Employee ownership reinforces alignment

Veolia said on September 16, 2026, that more than 88,000 employees subscribed to its Sequoia 2026 shareholding plan, representing a subscription rate above 48 percent. The transaction totaled EUR 361.4 million and involved 11,535,881 shares.

According to Veolia, employees held above 9.8 percent of the share capital after the transaction. The company canceled 10,002,233 treasury shares to neutralize the dilutive effect of the capital increase.

Stock remains below its yearly high

Veolia stock was trading at EUR 31.41 on September 25, 2026, with a 52-week range of EUR 27.69 to EUR 37.66. Market capitalization stood at EUR 22,989,280,190 and volume reached 247,241 shares at the cited intraday timestamp.