Renewi joins FTSE 250
07 June 2024
Renewi joins FTSE 250
Renewi plc ("Renewi" or the "Group") (LSE: RWI.L: Euronext Amsterdam: RWI.AS), a leading European waste-to-product company, is pleased to confirm that it has joined the FTSE 250, to be implemented after the market close on Friday 21 June 2024 and to take effect from the start of trading on Monday 24 June 2024. Renewi's inclusion is testament to the progress delivered on its strategy, notably the successful portfolio optimisation evidenced by the recent sale of UK Municipal and turnaround of Mineralz & Water, the efficiency, cost and cash improvements driven by its Simplify and Future Fit programmes and the recent reinstatement of progressive dividends.
Otto de Bont, CEO of Renewi said "We are pleased to join the FTSE 250. This achievement is a recognition of our team's hard work to deliver on our strategy and dedication to recycling and the production of circular materials. We remain focused on our mission to turn waste into new products, helping contribute to a more sustainable world whilst delivering value for our shareholders."