Veridis Environment Ltd

Tel Aviv Stock Exchange VRDS.TA

Veridis Environment Ltd Net Cash Used For Investing Activities for the year ending December 31, 2023: USD -608.28 M

Veridis Environment Ltd Net Cash Used For Investing Activities is USD -608.28 M for the year ending December 31, 2023, a -4,949.04% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

Veridis Environment Ltd Net Cash Used For Investing Activities for the year ending December 31, 2022 was USD 12.54 M, a 112.38% change year over year.
Veridis Environment Ltd Net Cash Used For Investing Activities for the year ending December 31, 2021 was USD -101.32 M, a -77.07% change year over year.
Veridis Environment Ltd Net Cash Used For Investing Activities for the year ending December 31, 2020 was USD -57.22 M, a -124.27% change year over year.
Veridis Environment Ltd Net Cash Used For Investing Activities for the year ending December 31, 2019 was USD -25.51 M, a -27.80% change year over year.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

Tel Aviv Stock Exchange: VRDS.TA

Veridis Environment Ltd

CEO	Mr. Ilan Ben Simon
IPO Date	June 9, 2021
Location	Israel
Headquarters	Abba Eban Boulevard 1
Employees	1,269
Sector	Utilities
Industries Renewables Biofuel Geothermal Energy Pollution Treatment Solar Energy Utilities Waste Management Water

Description

Veridis Environment Ltd provides environmental services in the areas of waste management, water, and energy in Israel. The company offers waste collection and transportation, separation, sorting, recycling, and disposal; and produces recycled raw materials and renewable energies using waste. It also operates a desalination plant that supplies renewable water for consumers, as well as for the industrial and agriculture sectors. In addition, the company develops and operates power stations and energy facilities based on renewable energies, such as biomass, cogeneration, biogas, etc. Further, it designs and operates energy centers and other energy efficiency projects; and provides installation and maintenance services for heating, ventilation, and air-conditioning systems. The company was founded in 1993 and is based in Herzliya, Israel. Veridis Environment Ltd is a subsidiary of Delek Automotive Systems Ltd.

Key trends

Past 5 years