Seche Environment SA (EPA:SCHP) has released its financial results for 2009. The annual results showed that the company’s EBITDA was maintained at 26.4% of revenue. The report also showed positive financial income for the company, resulting from a cost of debt reduction from the Hime contribution. The company reported storng investments and strong cash flow generation for the year, in addition to a net debt reduction and additional improvement in it’s balance sheet ratios. The full financial report and accompanying power point presentation is available for review at www.groupe-seche.com/majic/pageServer/1e0101000m/en/Presnetations;SFAF.html.
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Seche Environnement SA is France-based company engaged in the collection, storage and treatment of non-radioactive waste. The Company accepts and treats various categories of waste, such as dispersed hazardous waste, hazardous and non-hazardous household waste, medical waste, polluted soils and waste from electrical and electronic equipment. Seche Environnement SA operates in Europe and the Americas through its subsidiaries, including Tredi SA, Tredi Mexique and Tredi Argentina, Valls Quimica, Seche Alliance, Seche Eco-industries, Seche Eco-Services, Seche Transports, Opale Environnement and Hugaropec. It provides its services to industrial clients and local authorities.
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