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 there, which is the primary driver of our significant estimate reduction. In this light, the steps being taken for debt management, including a proposed dividend reduction, are entirely logical. Renewi’s rating is at depressed levels – we feel due to earnings uncertainty and higher deb
01 May 2019
Renewi - ATM prudence and debt management actions
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Renewi - ATM prudence and debt management actions
Renewi Plc (RWI:LON) | 563 -28.2 (-0.9%) | Mkt Cap: 453.5m
- Published:
01 May 2019 -
Author:
Toby Thorrington -
Pages:
3
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 there, which is the primary driver of our significant estimate reduction. In this light, the steps being taken for debt management, including a proposed dividend reduction, are entirely logical. Renewi’s rating is at depressed levels – we feel due to earnings uncertainty and higher deb