Renewi on track to meet full-year expectations
25th Apr 2024 09:59
(Sharecast News) - Recycling specialist Renewi reiterated full-year guidance on Thursday, following "strong" performances in a number of divisions.
Read moreRenewi shares rise on new Dutch facility opening
2nd Apr 2024 07:54
(Sharecast News) - Shares in Renewi rose strongly on Tuesday after the FTSE 250-listed recycling firm announced the opening of a new hard plastics sorting facility in The Netherlands which it said will help deliver on its sustainable organic growth objectives.
Read moreRenewi lowers expectations after challenging third quarter
30th Jan 2024 08:55
(Sharecast News) - Waste-to-product company Renewi lowered its full-year expectations in an update on Tuesday, after its performance in the third quarter reflected persisting challenges in some key markets, partly offset by progress in its margin improvement initiatives.
Read moreRenewi upbeat despite first-half weakness
9th Nov 2023 10:03
(Sharecast News) - Waste-to-product specialist Renewi reported first-half revenue of €937m on Thursday, with an underlying EBIT of €50.7m reflecting re-based recyclate prices and subdued volume in certain waste sectors, including construction and demolition.
Read moreRenewi tumbles as Macquarie says it won't make an offer
26th Oct 2023 13:36
(Sharecast News) - Renewi tumbled on Thursday after Macquarie Asset Management said it would not make an offer for the waste management firm.
Read moreRenewi maintains expectations amid mixed first half
4th Oct 2023 07:41
(Sharecast News) - Waste-to-product specialist Renewi unveiled a series of commercial, operational and financial initiatives on Wednesday, while maintaining its full-year expectations amid a mixed first half.
Read moreBerenberg starts coverage of Renewi at 'buy'
19th Jul 2023 13:06
(Sharecast News) - Berenberg initiated coverage of recycling and waste management services company Renewi on Wednesday with a 'buy' rating and 710p price target.
Read moreRenewi confident despite slip in recyclate prices
13th Jul 2023 07:55
(Sharecast News) - Waste-to-product specialist Renewi said in an update on Thursday that group revenue and earnings before interest and taxes (EBIT) for its first quarter were lower year-on-year, largely due to the exceptionally high recyclate prices in the first quarter of last year.
Read moreRenewi resilient amid tough pricing environment
25th May 2023 10:28
(Sharecast News) - Waste-to-product specialist Renewi said in its preliminary results on Thursday that, despite challenges including lower recyclate prices, reduced volumes and high inflation, it achieved a resilient financial performance in the year ended 31 March.
Read morePeel Hunt stays at 'buy' on Renewi, highlights net debt reduction
4th Apr 2023 11:18
(Sharecast News) - Analysts at Peel Hunt reiterated their 'buy' recommendation for shares of Renewi following the company's pre-close trading update, noting how net debt continued to reduce.
Read moreRenewi H1 underlying earnings rise
10th Nov 2022 09:26
(Sharecast News) - Waste management firm Renewi said on Thursday that underlying earnings and statutory profits had both improved in the six months ended 30 September as the group's focus on pricing and cost control resulted in "good profitability".
Read moreRenewi maintains expectations despite some lower volumes
3rd Oct 2022 07:10
(Sharecast News) - Waste-to-product technology company Renewi said in an update on Monday that it had traded "well" in the first half, with EBIT expected to be ahead of the prior year on flat revenues.
Read moreRenewi reports 'record performance', agrees to buy Paro
24th May 2022 10:33
(Sharecast News) - Waste management and recycling company Renewi reported a 10% improvement in revenue in its final results on Tuesday, to €1.87bn (£1.6bn), as it also announced the €67m acquisition of the Amsterdam-based Paro.
Read moreRenewi appoints Annemieke den Otter as CFO
28th Mar 2022 09:07
(Sharecast News) - Renewi has appointed Annemieke den Otter as its new chief financial officer, succeeding Toby Woolrych, who will be leaving the business at the end of the month.
Read moreRenewi FY trading seen ahead of previous expectations
23rd Mar 2022 09:17
(Sharecast News) - Waste-to-product business Renewi said on Wednesday that overall trading for the year ending 31 March has "remained strong", with the group now expecting its full-year performance to be ahead of previous expectations.
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