5G·

Veolia Expanded

$VIE (-0,64%) - I increased my position in Veolia today. I’ve had the stock in my savings plan for some time, but it just seemed to be moving very slowly, so I’m giving it a little nudge now. I also think the price is good.

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In the medium and long term, the sectors of drinking water treatment, water networks, and wastewater disposal/treatment are gaining importance; Veolia also pays a decent dividend (even if its headquarters in France is somewhat of a drawback due to taxation)—which fits well into my long-term dividend-focused portfolio.


(Illustration created with Lovart.ai, modified in Photoshop)

27.08
Veolia Environment logo
Acquistato x438 a 33,83 €
14.817,54 €
17
9 Commenti

immagine del profilo
I was out when it came to France.
10
immagine del profilo
@ZeissJessy Because of taxes?
immagine del profilo
"A little help" is good 😅
I only have 5 stock positions in total that are in the five-digit range 😂
3
I agree, which is why I'm making this a core investment in my portfolio.
2
immagine del profilo
Great stock…I'm sure most people will realize that soon enough….
1
Starting in 2028, "Faster" will be introduced, and hopefully that will make the issue of withholding tax in Europe easier to handle.
1
immagine del profilo
@money_maven_1125 Thanks for pointing that out—I actually had never heard of that before. I just looked it up. 🙂
The only thing that bothers me is that it's a very capital-intensive business, which leads to high debt and, as a result, a low net margin.
What do you think?
Otherwise, I find the business model very exciting, and Veolia is also well-positioned in the emerging markets.
1
immagine del profilo
@Option-Wan-Kenobi Infrastructure is expensive—that's true. But I think the investments are justifiable given the predictable business model and the largely calculable returns and revenue. Of course, everyone has to evaluate and assess this for themselves. 🙂
1
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