Veolia Environnement Adr (VEOEY) Q1 2025 Earnings Call

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WEBVTT 00:00:00.841 -- 00:00:05.846 Good morning, ladies and gentlemen, and welcome to the Veolia First 00:00:05.846 -- 00:00:11.711 Quarter 2025 Key Figures Conference Call with Estelle Brashilnov, 00:00:11.711 -- 00:00:16.796 CEO, and Emmanuel Manning, CFO. At this time, all lines are in a 00:00:16.796 -- 00:00:21.821 listen-only mode. Following the presentation, we will conduct a question 00:00:21.821 -- 00:00:27.386 and answer session. If at any time during this call you require immediate assistance, 00:00:27.386 -- 00:00:32.586 please press star zero for the operator. This call is being recorded on May 7th, 00:00:32.586 -- 00:00:34.586 2025. 00:00:34.648 -- 00:00:36.971 I would now like to turn a conference call over to Ms. 00:00:36.971 -- 00:00:40.793 Estelle Breschelamp. Please go ahead. 00:00:41.256 -- 00:00:45.340 Thank you, and good morning, everyone. Thanks for joining this conference call to present 00:00:45.340 -- 00:00:50.666 Veolia Q1 Key Figures, and I'm accompanied by Emmanuel Mening, our CFO. 00:00:50.666 -- 00:00:54.090 First and foremost, Q1 2025 00:00:54.090 -- 00:00:57.102 results are very strong, and I'm on slide four. 00:00:57.102 -- 00:01:00.847 And this is in spite of a rather challenging environment. 00:01:00.847 -- 00:01:05.994 They are perfectly in line with our new objective and enable us to start 2025 with great 00:01:05.994 -- 00:01:10.320 confidence and fully confirm our guidance for the year. 00:01:10.320 -- 00:01:16.068 This result illustrates, once again, the strength of Veolia's winning formula, resilience 00:01:16.068 -- 00:01:17.811 and growth. 00:01:17.811 -- 00:01:22.858 As you know, the Veolia value creation model is the combination of three levers, growth, 00:01:22.858 -- 00:01:26.718 performance and efficiency, and capital ...