Excellent 2025 results
Acceleration of the Group portfolio transformation, making it more technological and international
Veolia's worldwide presence
A more international group
Revenue and percentage of total by operational segment
Our main countries of operation: 2025 Revenue and percentage of total
| France | €8,547M | 19% | United States | €4,683M | 11% | Germany | €3,097M | 7% | Spain | €3,035M | 7% |
| Poland | €3,007M | 7% | United Kingdom | €2,978M | 7% | Czech Republic | €2,165M | 5% | Australia | €2,023M | 5% |
Business mix
Our businesses
Veolia has three main business lines, Water, Waste and Energy management and operates in two key markets, the municipal market and the industrial market, which includes the service sector.
Water
Veolia responds to the many challenges of local authorities and industrial customers: water resource management, production and delivery of drinking water and industrial process water, collection, treatment, and recycling of wastewater.
Waste
As a world reference in the management of solid or liquid non-hazardous or hazardous waste, Veolia is involved in the entire waste life cycle, from collection to final treatment, and makes its recovery a priority.
Energy
As a partner of cities and industry, Veolia has unique expertise in energy efficiency, heating and cooling network management, and renewable energy production.
Growth, value creation and attractive shareholder returns
Current net income (in € billion)
CAGR 2023-25 of +11.8%(1)
Record ROCE at 9.4% after tax in 2025
Dividend up +20% since 2023
Dividend evolution share (€/share)
(1) at constant forex
Innovation for Environmental Security
Our 2030 ambition
€1bn revenues from PFAs & other new pollutants treatment
€1bn in revenue from AI industries
Share of digital gains raised to 50% of operational efficiency by 2030
Veolia's winning innovation formula
4,600 patents
European leader in patent registration for water technologies
26 research and innovation centers across five continents
Including the opening of a new laboratory in Singapore in 2026, dedicated to ultrapure water for the semiconductor industry
Strategy and investor presentations
Replays, presentations and documents: find all information about our thematic events
2025 results presentation
Access the slides shared during our 2025 results presentation
Multifaceted performance and value creation
Discover our KPIs for multifaceted performance, our ESG rating and our main extra financial achievements in 2025.
2025 Universal registration document
Find all our financial results, management report, consolidated financial statements and sustainability report in the URD filed with the AMF on March, 19th 2026.
Learn more
Documents and resources to deepen your knowledge of the Group.