FY20 is ending in line with expectations and ATM resumed soil shipments during Q4. Waste management is considered to be an essential service during the coronavirus pandemic; while the wider business impacts are evaluated, Renewi has outlined initial cash preservation measures. Our estimates have been adjusted only to reflect no final dividend expectation and additional non-underlying charges in FY20; potential coronavirus impacts beyond this are under review and not currently reflected.
26 Mar 2020
Renewi - In-line FY20, coronavirus evaluation underway
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Renewi - In-line FY20, coronavirus evaluation underway
Renewi Plc (RWI:LON) | 576 132.4 4.2% | Mkt Cap: 463.6m
- Published:
26 Mar 2020 -
Author:
Toby Thorrington -
Pages:
3
FY20 is ending in line with expectations and ATM resumed soil shipments during Q4. Waste management is considered to be an essential service during the coronavirus pandemic; while the wider business impacts are evaluated, Renewi has outlined initial cash preservation measures. Our estimates have been adjusted only to reflect no final dividend expectation and additional non-underlying charges in FY20; potential coronavirus impacts beyond this are under review and not currently reflected.