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GFL Environmental Reports Strong 2024 Results and Announces Strategic Sale

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GFL Environmental Reports Strong 2024 Results and Announces Strategic Sale

GFL Environmental ( (TSE:GFL) ) just unveiled an announcement.

GFL Environmental Inc. reported its fourth quarter and full year 2024 financial results, highlighting a significant increase in revenue and adjusted EBITDA, with the latter growing by 12.3% to $2,250.5 million. The company also announced the sale of its Environmental Services business at an $8 billion valuation, which is expected to close on March 1, 2025, allowing GFL to reduce its leverage and invest in growth initiatives. Additionally, GFL provided its 2025 guidance, forecasting revenue of approximately $8,425 million, indicating continued strong performance and strategic growth plans.

More about GFL Environmental

GFL Environmental Inc. is a leading North American provider of diversified environmental solutions, offering services in solid waste management, liquid waste management, and infrastructure services. The company focuses on delivering sustainable solutions across its operations, positioning itself as a key player in the environmental services industry.

YTD Price Performance: 4.05%

Average Trading Volume: 1,430,460

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $18.28B

See more data about GFL stock on TipRanks’ Stock Analysis page.

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