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Symbol | Exchange | Currency | ||
---|---|---|---|---|
RWI | London | GBP | Real-time | |
RWIl | BATS Europe | GBP | Delayed | |
RWI | Amsterdam | EUR | Real-time |
Management’s unchanged guidance and ongoing focus on debt reduction were the financial headlines for Renewi PLC (LON:RWI) at the halfway point of FY20. Continued progress in the company’s...
The previously flagged intention to sell Reym has crystallised through the announced disposal to REMONDIS Group for an EV of €64m (or 5.4x EBITDA). This move modestly dilutes our earnings...
Year to date trading has been in line with management’s expectations, which are also unchanged for the year as a whole. Forward momentum in the important Commercial division is continuing and we...
Selling the Canadian Municipal operations is consistent with Renewi PLC (LON:RWI)’s strategy of simplifying its business portfolio and deleveraging the balance sheet. The completion of this...
FY19 was a mixed year for Renewi PLC (LON:RWI), (BS:RWIl) with variable portfolio performances and two particular external challenges faced (at ATM and Derby). Despite this, the company still...
Management flagged stronger Q4 trading, in line with its expectations. Netherlands soil remediation activities require regulatory approval and a prudent stance has been taken over resuming shipments...
Longer-term recycling trends remain favourable and the next phase of strategic development indicates greater focus in core areas to pursue growth. In the near term, we acknowledge that ATM will be a...
Existing guidance on Renewi PLC (LON:RWI) for FY19 has been maintained. As before, this is partly dependent on ATM resuming full production by the end of October and an update on this will come with...
The recent AGM update was consistent with FY18 commentary; guidance and our estimates are unchanged. Year-to-date progress is clearly visible in three divisions where market conditions appear to be...
FY18 results confirmed that the merger integration process is being well controlled and on track to deliver the synergy benefits flagged at the outset. Renewi PLC (LON:RWI) is well positioned from a...
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