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Cleanaway Waste Management Ltd. ( (AU:CWY) ) has issued an announcement.
Cleanaway Waste Management Limited has reported strong financial results for the first half of FY25, with significant improvements in key metrics such as a 3.7% increase in gross revenue and a 12.2% rise in underlying EBIT. The company continues to achieve double-digit EBIT growth and margin expansion, driven by successful price and cost management, and operational excellence initiatives. The interim dividend has been raised by 14.3%, reflecting confidence in meeting FY25 guidance and FY26 targets, despite challenges like the St Marys fire.
More about Cleanaway Waste Management Ltd.
Cleanaway Waste Management Limited is Australia’s leading provider of total waste management, industrial, and environmental services. The company operates with over 7,900 staff and a fleet of more than 6,350 specialist vehicles across approximately 330 locations in Australia, focusing on delivering sustainable waste, recycling, and liquids management services.
YTD Price Performance: 4.80%
Average Trading Volume: 1,306
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.82B
For an in-depth examination of CWY stock, go to TipRanks’ Stock Analysis page.