<2> Cleanaway Limited Releases Strong 1H FY26 Results, Earnings Surge 17% and Guidance Upgraded
<3> Overview of the Company
Cleanaway Limited is a leading waste management company in Australia and New Zealand, providing a range of services including waste collection, recycling, and landfill management. The company has a strong presence in both countries, with a diverse customer base and a commitment to sustainability.
<3> Key Highlights from the 1H FY26 Results
Cleanaway has released its 1H FY26 results, which show a significant surge in earnings. The company reported a 17% increase in earnings before interest, tax, depreciation, and amortization (EBITDA) compared to the same period last year. This increase is attributed to a combination of factors, including a strong performance in the waste collection and recycling businesses, as well as cost savings initiatives.
<3> Guidance Upgraded
In addition to the strong 1H FY26 results, Cleanaway has also upgraded its guidance for the full year. The company now expects to deliver EBITDA of $755 million to $775 million, which is an increase of 10% to 12% compared to the previous guidance. This upgrade reflects the company’s confidence in