Special Division

Renewi plc: pre-close trading update

Retrieved on: 
Saturday, April 15, 2023

Renewi, the leading European waste-to-product business, announces its pre close trading update for the year ended 31 March 2023 ahead of the results presentation on 25 May 2023.

Key Points: 
  • Renewi, the leading European waste-to-product business, announces its pre close trading update for the year ended 31 March 2023 ahead of the results presentation on 25 May 2023.
  • “Trading in the final quarter of the year has been good and we expect year end profit to be slightly ahead of market expectations [1] .
  • Trading in the final quarter of the year has been good and we expect year end profit to be slightly ahead of market expectations.
  • The demand for higher quality low carbon secondary materials is steadily increasing, requiring more advanced production processes, which Renewi is developing.

Renewi plc: TST-Trading Statement - On track to meet expectations for the full year

Retrieved on: 
Thursday, February 2, 2023

Renewi, the leading European waste-to-product business, announces its trading update for the third quarter ended 31 December 2022.

Key Points: 
  • Renewi, the leading European waste-to-product business, announces its trading update for the third quarter ended 31 December 2022.
  • “We are on track to meet expectations [1] for the full year.
  • We are continuing to execute our strategic agenda and to build on our leading position as a manufacturer of low carbon secondary materials.
  • Core net debt at 31 December 2022 decreased to €372m (September 2022: €388m), driven by disciplined working capital management.

Renewi plc: Third Quarter Trading update and material upgrade to expectations

Retrieved on: 
Friday, January 28, 2022

Renewi plc (LSE: RWI), the leading European waste-to-product business, announces its trading update for the third quarter ended 31 December 2021 ("third quarter" or the "period").

Key Points: 
  • Renewi plc (LSE: RWI), the leading European waste-to-product business, announces its trading update for the third quarter ended 31 December 2021 ("third quarter" or the "period").
  • Overall trading for the Group in the period has continued to be very strong, driven by continuing high recyclate prices, and the Board today announces a further material upgrade to its expectations for the year ending 31 March 2022.
  • The Commercial Waste Division has continued to perform very well in the third quarter.
  • Volumes in the Netherlands and Belgium in the third quarter were 91% and 93% of prior year respectively.

Renewi plc: Half Year Trading Update

Retrieved on: 
Monday, October 4, 2021

Renewi plc (LSE: RWI), the leading international waste-to-product company, announces its trading update for the six months ended 30 September 2021 and materially upgrades its expectations for the year ending 31 March 2022.

Key Points: 
  • Renewi plc (LSE: RWI), the leading international waste-to-product company, announces its trading update for the six months ended 30 September 2021 and materially upgrades its expectations for the year ending 31 March 2022.
  • Renewi has performed strongly in the first six months of the year, with increased volumes, improved recyclate prices and ongoing cost management continuing to support better than expected trading.
  • Cash performance in the first half continued to be strong, with tightly controlled working capital and replacement capital expenditure.
  • The strong performance in the first half and positive trading outlook have led the Board to materially increase its expectations for the full year ending 31 March 2022.