Year in Review 2018/19
Underlying progress in core commercial divisions
offset by challenges elsewhere
Highlights
Revenue
€1,799m
Up 1%
Underlying EBIT
€87.0m
Up 11%
Underlying profit before tax
€63.8m
Up 9%
Statutory loss for the year
€(97.7)m
Prior year (53.9)m
Chairman statement
Renewi has a compelling offering for waste producers and purchasers of secondary materials, with local service supported by a range of processing technologies.
CEO review
Our performance has been robust despite a number of challenges, with an increase in EPS, and we have implemented a series of actions to reduce Renewi’s core net debt and leverage ratio.
CFO review
Free cash flow conversion was better than anticipated, despite reduced profits from ATM, boosted by tight capital spend and no soil off-take.
Renewi year end results 2018/19 video
Build confidence. Deliver growth
We will focus on the treatment of commercial waste and the further simplification of our operating model and our portfolio.
Our stakeholders
Our CSR approach
The circular economy is growing and more businesses are exploring sustainability, driven by the wider economy, legislation and social pressure.
Interview Jolande Sap
Jolande’s understanding of the circular economy and environmental regulation as a national Green party politician in the Netherlands gives Renewi a fascinating and valuable perspective. She explains how joint efforts are needed by business and Government to innovate and to drive forward the circular economy.
