- The shares of Paris-based utility Veolia have had a strong run in 2021, as the company's operations fully recovered from Covid-19.
- Veolia will soon benefit from the integration of Suez, which will boost the company's international footprint.
- A capital increase will help finance the Suez acquisition - shareholders can use their preferential subscription rights to acquire new shares, before September 29.
- Veolia is not 'dirt cheap' anymore, but investors with a long time horizon and income investors, in particular, should benefit from the secular growth of waste and water treatment.
For further details see:
Veolia: Valuation Makes Better Sense Now, But The Suez Upside Remains