SKSS

Clean Harbors Announces Fourth-Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024
Environment, Natural Disasters, Chemicals, Plastics, Environmental Health, Oil, Gas, Manufacturing, Sustainability, Energy, Recycling, Acquisition, Collection, Total, Burn, Clean Harbors, CLH, Transport, Growth, ESG, Total Recordable Incident Rate, Safety, GAAP, History, Incineration, PFAS, SKSS, Workforce, Ecosystem, Face, Pressure, Pharmaceutical industry

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the fourth quarter and year ended December 31, 2023.
  • Adjusted EBITDA (see description below) grew 14% to $254.9 million compared with $224.2 million in the same period of 2022.
  • “2023 was an outstanding year for the Company, highlighted by a record financial performance in our ES segment, notable operational accomplishments and extraordinary safety results,” Gerstenberg said.
  • For full-year 2024, Clean Harbors expects:
    Adjusted EBITDA in the range of $1.05 billion to $1.11 billion or a midpoint of $1.08 billion, which represents 7% growth year-over-year.

Clean Harbors Announces Third-Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023
Recycling, Chemicals, Plastics, Environment, Oil, Gas, Manufacturing, Energy, Clean Harbors, NYSE, Eastman Kodak Co. v. Image Technical Services, Inc., Ecosystem, Incineration, Government, ES, EBITDA, GAAP, Acquisition, Field service management, CLH, Growth, Total Recordable Incident Rate, Harbor, PFAS, Maritime Industrial Services, CFO, Safety, SKSS, Collection, Video game, Bookkeeping, Renewable energy, Adjustment, Q4

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the third quarter ended September 30, 2023.
  • This compared with net income of $135.8 million, or $2.50 per diluted share, for the same period in 2022.
  • In light of current market conditions and third-quarter results, for full-year 2023, Clean Harbors now expects:
    Adjusted EBITDA in the range of $1.005 billion to $1.025 billion or a midpoint of $1.015 billion.
  • Clean Harbors reports Adjusted EBITDA, which is a non-GAAP financial measure and should not be considered an alternative to net income or other measurements under generally accepted accounting principles (GAAP) but viewed only as a supplement to those measurements.

Clean Harbors Announces Second-Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 2, 2023
Energy, Recycling, Environment, Oil, Gas, Pressure, Maintenance, PFO, PFAS, Defense, Total Recordable Incident Rate, Field service management, Eastman Kodak Co. v. Image Technical Services, Inc., GAAP, Ecosystem, Clean Harbors, Government, Plant, EBITDA, Acquisition, Incineration, Department of Defense Education Activity, CLH, CFO, Growth, Veolia Environmental Services, NYSE, Economics, Gasoline, Bookkeeping, Renewable energy, Q2, SKSS, Adjustment, Maritime Industrial Services

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the second quarter ended June 30, 2023.
  • “Clean Harbors delivered a strong second-quarter performance, highlighted by the continued momentum of the Environmental Services (ES) segment,” said Eric Gerstenberg, Co-Chief Executive Officer.
  • Industrial Services continues to be a meaningful contributor to our 2023 success, and we expect a healthy fall turnaround season.
  • For the third quarter of 2023, Clean Harbors expects its ES segment to continue to grow and perform well.

Clean Harbors Announces First-Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023
Green Technology, Oil, Gas, Energy, Environment, Recycling, Pressure, PFO, Kimball, Forest Law Enforcement and Governance Program, Field service management, Total Recordable Incident Rate, Eastman Kodak Co. v. Image Technical Services, Inc., GAAP, History, Ecosystem, Clean Harbors, SKSS, Plant, EBITDA, Acquisition, CLH, Growth, NYSE, Maritime Industrial Services, Gasoline, Video game, Bookkeeping, Renewable energy, Adjustment

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the first quarter ended March 31, 2023.
  • In addition, we posted the best first-quarter safety results in our history, registering a Total Recordable Incident Rate (TRIR) of 0.61.
  • For the second quarter of 2023, Clean Harbors expects Adjusted EBITDA to decrease 7% to 9% from the prior year.
  • Clean Harbors reports Adjusted EBITDA, which is a non-GAAP financial measure and should not be considered an alternative to net income or other measurements under generally accepted accounting principles (GAAP) but viewed only as a supplement to those measurements.

Clean Harbors Announces Executive Leadership Update

Retrieved on: 
Wednesday, March 1, 2023
Chemicals, Plastics, Environment, Oil, Gas, Manufacturing, Sustainability, Energy, Christian Democrats/EVP/glp Group, Harvard Business School, Advanced Management Program, Clean Harbors, NYSE, CAO, Plan, Dugas, Business, Certified Public Accountant, Growth, CPA, Westfield, Westfield State University, CFO, Business administration, CLH, EVP, Accounting, Management, SKSS, Boston College, Science

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced that it has appointed Eric Dugas as EVP and Chief Financial Officer, effective March 31, 2023.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced that it has appointed Eric Dugas as EVP and Chief Financial Officer, effective March 31, 2023.
  • “Since his arrival in 2014, Eric has proven himself as a thoughtful and talented finance leader,” Battles said.
  • “Sustainability continues to be a growing part of the Clean Harbors story and we see significant opportunity to expand our SKSS business in both scale and scope,” said Gerstenberg.
  • We are confident that SKSS will benefit from his stewardship and he will derive additional shareholder value from those assets.”
    Weber has been with Clean Harbors since 1990.

Clean Harbors Announces Fourth-Quarter and Full-Year 2022 Financial Results

Retrieved on: 
Wednesday, March 1, 2023
Other Energy, Environment, Oil, Gas, Sustainability, Environmental Issues, Energy, CHIPS, SKSS, EBITDA, Safety, ES, CHIPS and Science Act, Weather, Public expenditure, Clean Harbors, NYSE, Total Recordable Incident Rate, Field service management, GAAP, Acquisition, Investment, PFAS, Ecosystem, Biophysical environment, HPC, Incineration, Growth, European Chips Act, History, Plant, Maritime Industrial Services, Comparable, CLH, Recycling, Cryptocurrency, Video game, Pharmaceutical industry, Bookkeeping, Renewable energy, Adjustment

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the fourth quarter and year ended December 31, 2022.
  • Net income and adjusted net income results for the fourth quarter of 2022 included pre-tax integration and severance costs of $0.3 million.
  • Net income and adjusted net income results for 2022 included pre-tax integration and severance costs of $3.0 million.
  • “2022 was another terrific year for Clean Harbors, from our outstanding safety results to our record financial performance and notable operating achievements,” said McKim.