H121 ended strongly for Renewi, recovering from earlier COVID-19 impacts that turned out to be less than management had previously anticipated. Relatively more resilient waste markets and actions taken to control cash flows and reduce costs contributed to this outturn. We have moved estimates ahead in all three forecast years.
18 Nov 2020
Renewi - Expectations raised
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Renewi - Expectations raised
Renewi Plc (RWI:LON) | 555 -61.1 (-2.0%) | Mkt Cap: 447.1m
- Published:
18 Nov 2020 -
Author:
Toby Thorrington -
Pages:
7
H121 ended strongly for Renewi, recovering from earlier COVID-19 impacts that turned out to be less than management had previously anticipated. Relatively more resilient waste markets and actions taken to control cash flows and reduce costs contributed to this outturn. We have moved estimates ahead in all three forecast years.