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Cleanaway Waste Management Limited (ASX:CWY)
ALERT: Price-sensitive ASX Announcement for CWY
Current share price for CWY : $2.350 -0.43 (-15.47%)+
Announcement
Release
21 Oct 2025 8:15AM
Price at Release
$2.780
Full Release
Summary
Cleanaway Waste Management Limited has reaffirmed its FY26 earnings guidance, expecting an underlying EBIT between $470 million and $500 million. Despite subdued trading conditions in the first quarter, Cleanaway remains confident in meeting its financial expectations for FY26. The company is also undertaking an indirect cost reduction program aimed at creating a leaner business that focuses on enhancing customer experience and boosting earnings. Further details of this program will be disclosed in the FY26 first-half results expected in February 2026.
Key Points
- Cleanaway reconfirms FY26 guidance range.
- Expects underlying EBIT of between $470 million and $500 million.
- September quarter experienced subdued trading conditions.
- FY26 EBIT expected to be more weighted towards the second half of the year.
- An indirect cost reduction program is underway.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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