Renewi plc: Trading Update
Renewi plc (“Renewi”, the “Company” or, together with its subsidiaries, the “Group”) (LSE: RWI.L: Euronext Amsterdam: RWI.AS), the leading European waste-to-product business, announces its results for the third quarter ended 31 December 2023 (“Q3”).
- Renewi plc (“Renewi”, the “Company” or, together with its subsidiaries, the “Group”) (LSE: RWI.L: Euronext Amsterdam: RWI.AS), the leading European waste-to-product business, announces its results for the third quarter ended 31 December 2023 (“Q3”).
- Overall, Q3 trading performance reflected a continuation of the challenging economic backdrop in several key markets which was offset, in part, by further good progress in the Group’s margin initiatives.
- Ongoing organisational rationalisation within the Simplify programme is partially mitigating the margin impact of lower volumes for FY24.
- Renewi had a number of operational highlights throughout the quarter, including new customer wins.