logo
Veolia's Jim Sullivan Talks Industry Trends and 2025 Vision

Veolia's Jim Sullivan Talks Industry Trends and 2025 Vision

Sean Grady featured Jim Sullivan, Chief Strategy and Development Officer, on a recent episode of The Environmental Transformation Podcast to talk about how Jim's expertise has helped shape the sustainability strategy and vision at Veolia North America.
Since July 2024, Jim has supported the actualization of our Environmental Solutions & Services strategy and the execution of the business plan by leading the commercial operations group along with business development, marketing and mergers and acquisitions.
In this episode, Jim dives into details about key industry trends, including the challenges and strategies around managing PFAS, regulatory shifts, leveraging AI and data analytics for improved customer experience and the critical role of mergers and acquisitions in expanding Veolia's environmental capabilities.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MEG Q1 Earnings Call: Organic Growth, Regulatory Tailwinds, and Margin Expansion Drive Results
MEG Q1 Earnings Call: Organic Growth, Regulatory Tailwinds, and Margin Expansion Drive Results

Yahoo

time3 hours ago

  • Yahoo

MEG Q1 Earnings Call: Organic Growth, Regulatory Tailwinds, and Margin Expansion Drive Results

Environmental services provider Montrose (NYSE:MEG) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 14.5% year on year to $177.8 million. The company's full-year revenue guidance of $760 million at the midpoint came in 0.7% above analysts' estimates. Its non-GAAP profit of $0.07 per share was significantly above analysts' consensus estimates. Is now the time to buy MEG? Find out in our full research report (it's free). Revenue: $177.8 million vs analyst estimates of $167.8 million (14.5% year-on-year growth, 6% beat) Adjusted EPS: $0.07 vs analyst estimates of -$0.09 (significant beat) The company reconfirmed its revenue guidance for the full year of $760 million at the midpoint EBITDA guidance for the full year is $106.5 million at the midpoint, above analyst estimates of $104.5 million Operating Margin: -5.9%, in line with the same quarter last year Organic Revenue rose 6.6% year on year (1.1% in the same quarter last year) Market Capitalization: $776.7 million Montrose's first quarter performance was shaped by broad-based demand for environmental services across its core segments, with leadership emphasizing organic revenue gains and momentum in high-growth areas. CEO Vijay Manthripragada highlighted that the Measurement and Analysis and Remediation and Reuse segments each contributed to the company's expansion, citing cross-selling efforts and successful execution on large client projects. Management noted that clients, particularly in the private sector, are maintaining their commitment to compliance and sustainability goals despite regulatory and political uncertainty. CFO Allan Dicks further pointed to operational efficiencies and normalization of segment margins as factors supporting higher adjusted EBITDA, reflecting a consistent focus on both top-line growth and profitability. Looking ahead, Montrose's outlook is anchored by expectations of continued organic growth, margin improvement, and resilience against regulatory volatility. Manthripragada stated that emerging state-level environmental policies and ongoing federal activity around PFAS (per- and polyfluoroalkyl substances) regulation are expected to fuel demand, while the company's proprietary PFAS treatment technology positions it well for future projects. Management also pointed to limited exposure to federal spending and minimal anticipated impact from tariffs or macroeconomic shifts, reinforcing confidence in the company's guidance. As Manthripragada explained, 'We are well on track for high single-digit organic revenue growth, and we continue to enhance EBITDA margins, which is evident from our raised EBITDA guidance.' Montrose's leadership attributed the quarter's performance to increased demand in key service areas, client stability amid regulatory changes, and strategic execution on cross-segment opportunities. Measurement and Analysis strength: The Measurement and Analysis segment saw robust demand across both laboratory and field services, with management crediting sustained client requirements for compliance and risk mitigation. Manthripragada explained that broad-based demand, rather than a single driver, propelled the segment's performance, and higher-margin business lines contributed to improved segment profitability. PFAS-related services growth: The company recorded its fifth consecutive quarter of growth in PFAS (per- and polyfluoroalkyl substances) services, which are used to address emerging contaminants in water, air, and soil. Management cited recent federal policy actions as reinforcing long-term demand, and noted that Montrose's proprietary treatment solutions can be adapted to evolving regulatory thresholds. Remediation and Reuse momentum: Revenue in the Remediation and Reuse segment increased, benefiting from organic growth in treatment technologies and support from recent acquisitions. CFO Allan Dicks highlighted that margins in this segment are expected to improve throughout the year as business mix and project timing normalize. Segment margin normalization: Management reported that segment margins are converging toward stated long-term targets through process optimization, automation, and leveraging existing infrastructure. These efforts have contributed to improved operating efficiency and are expected to drive further margin expansion in 2025. Minimal tariff and macroeconomic impact: The company does not expect tariffs or broader macroeconomic conditions to meaningfully affect margins or demand, given the essential nature of its services and the long-term planning cycles of its primarily private sector clients. Montrose's exposure to federal spending is limited, further reducing risk from potential regulatory or budgetary shifts. Montrose's forward outlook is underpinned by consistent demand for environmental compliance solutions, state and federal regulatory developments, and ongoing operational improvements. State-level regulatory drivers: Management believes that increasing influence and activity by U.S. state governments in environmental policy will create new opportunities, particularly for PFAS remediation and water contamination projects. States are expected to play a larger role in setting and enforcing standards, supporting recurring demand for Montrose's services. Margin expansion initiatives: The company is pursuing margin improvement through process automation, operating leverage, and aligning segment-level profitability with long-term targets. The Remediation and Reuse and Measurement and Analysis segments are expected to be the primary contributors to adjusted EBITDA margin gains in 2025. Capital allocation and balance sheet priorities: After completing the redemption of preferred stock, management expects leverage to remain below its long-term target and is prepared to resume strategic M&A when conditions are right. The new stock repurchase program is positioned as an additional tool for shareholder returns, but growth investments and balance sheet optimization remain priorities. In the coming quarters, our team will be monitoring (1) the pace of state-level regulatory developments, especially regarding PFAS standards and remediation projects; (2) progress on operating margin expansion in the Remediation and Reuse and Measurement and Analysis segments; and (3) execution of the capital allocation strategy, including the completion of preferred stock redemptions and balance sheet simplification. Performance in these areas will be key indicators of sustained growth and profitability. Montrose currently trades at a forward EV-to-EBITDA ratio of 8.9×. Should you double down or take your chips? Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

SBA offering low-interest loans to tornado-affected residents
SBA offering low-interest loans to tornado-affected residents

Yahoo

time9 hours ago

  • Yahoo

SBA offering low-interest loans to tornado-affected residents

The U.S. Small Business Administration is offering low-interest disaster loans to individuals, businesses, and nonprofits impacted by the May 16 tornado that struck Laurel County. As of press time Tuesday afternoon, 79 — 61 homes, 13 businesses, and five EIDL (Economic Injury Disaster Loan) — Kentuckians have applied for an SBA disaster loan, and 17 home loan applications have been offered for just over $2.8 million. Eligible residents can receive in-person assistance at a Business Recovery Center now open in London. The center is at the Kentucky Highlands Investment Corporation, located at 440 Old Whitley Road. It is open Monday through Friday from 9 a.m. to 6 p.m. through July 2. SBA representatives are available on site to help applicants complete their forms and answer questions about loan programs. The SBA is providing several types of loans for those who suffered damage from the storms: — Business Physical Disaster Loans: Up to $2 million for businesses to repair or replace damaged property, equipment, inventory, or supplies. — Home Disaster Loans: Up to $500,000 for homeowners and renters to repair or replace disaster-damaged real estate and personal property, including vehicles. — Economic Injury Disaster Loans (EIDL): Up to $2 million in Russell and 20 additional Kentucky counties for small businesses and nonprofits to help cover ongoing operating expenses such as payroll and rent. According to Public Affairs Specialist James "Jim" Accurso, interest rates can be as low as 2.688% for homeowners and renters, 4% for businesses, and 3.25% for nonprofits. Loan terms can extend up to 30 years. Accurso also shared there is no cost to apply, and residents are not obligated to accept a loan if offered. Survivors may additionally qualify for mitigation funds to help strengthen properties against future disasters. Although Accurso recommends visiting the center in person to receive guidance from trained customer service representatives, applications can also be completed online at

Cramer's advice after Starbucks' parabolic gains, plus Disney stock's next move
Cramer's advice after Starbucks' parabolic gains, plus Disney stock's next move

CNBC

time16 hours ago

  • CNBC

Cramer's advice after Starbucks' parabolic gains, plus Disney stock's next move

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. U.S. stocks rose slightly Wednesday, the session "defined by a CPI that was very benign," said Jim Cramer. Consumer prices for the month of May came in below estimates, though shelter was a sticking point. Jim cited housing inflation as the reason why bond yields are relatively unchanged. Meanwhile, in trade news, President Donald Trump confirmed via Truth Social that an agreement with China was reached. According to the president, China will supply more rare earth materials and will face a 55% tariff rate. Trump noted the agreement is subject to final approval with himself and China President Xi Jinping . 2. Coffee chain Starbucks is up nearly 4% Wednesday after the Financial Times reported that the Club name has garnered tons of interest in its efforts to sell a stake in its China operations. The stock has made "a parabolic move," Jim said, since he suggested buying it when shares were in the $70's to low $80's. Investors who bought in at the time of his recommendation should "feel free to take some profits," he said. "Maybe you want to sell half up here [roughly $94 at midday] and let the rest run." As long-term owners, "we're not touching it," as we have faith in Brian Nichol's ability to turn the company around. 3. Disney is another Club name that's seeing a bit of momentum on the heels of a price target increase to $125 from $120 at Bernstein, pointing to a sum-of-the-parts valuation at $132 per share. Though Jim sees no path for a break up of the company, he agrees with the price target boost. "I think the stock can go to $125 before it even begins to get too expensive," he said. Disney announced Tuesday that it's taking full ownership of Hulu from NBC. 4. Jim called GE Vernova the best stock for investors who want exposure to the nuclear industry. The stock is up roughly 3% Wednesday. "The only consistent builder, the only one that has a lot of orders is who we own," he said. Jim acknowledged that the stock is expensive, hovering at about $480. "I wish they'd split the stock," he added. The Club first initiated a position in GE Vernova back in May due to its importance in powering data centers. (Jim Cramer's Charitable Trust is long DIS, GEV, SBUX. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store