|Suez / United Water
Paris, October 30, 2001
The group's total revenues through September 30, 2001 rose to EUR 30.569 billion, a gain of 26.1% compared with the same period in 2000. For the third quarter alone it reached 24.5%.
This strong growth illustrates Suezs capability of leveraging its positions in its three global businesses not only internationally but also in its domestic markets where the Group continues to record sustained organic growth.
Organic growth: excluding energy trading activities, organic growth rose +8.7%. Including trading, it rose +19.1%. Third quarter organic growth (+7.3%) conveys the dynamism of Group activities. External Growth was +7.1%. Changes in consolidation (EUR 1.715 billion) reflect the Group's recent acquisitions, mainly in Energy. These included Electrabel Nederland (the former EPON in the Netherlands), Energie Saarlorlux (Germany), Tractebel LNG North America (formerly Cabot LNG in the US), the subsidiaries of Sithe Energies (Thailand), and entry of Sulzer Infra and GTI into the Fabricom group. Other acquisitions were in Waste Services with Sembsita Australia (formerly Pacific Waste Management, in Australia) and Sellbergs (Sweden), and in water treatment with Nalco's acquisition of Exxon's holding in ONES (formerly NEEC). Internationalization: revenues generated outside France and Belgium (EUR 16.6 billion) progressed 43.2%, including energy trading, representing 54.4% of the total compared with 48% in the period ending September 2000.
REVENUE CONTRIBUTION BY BUSINESS ACTIVITY
1.Organic growth on constant structural, accounting method, and exchange rate bases, excluding energy trading.
2. Including EGE trading (+EUR 2.534 billion), organic energy growth reached 30.0% and for the Group as a whole reached 19.1%.
WATER (Ondeo) + 9.3 %
Anne Liontas: (331) 4006 6654
Susanne Trabitzsch: (331) 4006 6650
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