On 2 October 2019, Suez announced SUEZ 2030, a strategic initiative to restructure the business and deliver results as soon as 2021. Compelled by activist investor Amber Capital, which has accused Suez of underperforming, the primary aim is to reduce company costs by over €1 billion by 2023 through investments, revenue stream realignment, and shifts in geographic revenue generation.
In this Research Note, Bluefield analyzes:
- Proposed SUEZ 2030 timeline
- Suez’s strategy to increase its industrial revenue base
- Comparison to industry peers