1st Oct 2020 13:13
Renewi PLC - Milton Keynes, Buckinghamshire-based waste-to-products - Says trading in the first half September 30 "materially ahead" of Covid-19 adjusted internal expectations. Delivers EUR10 million in interim cost savings, total of EUR15 million planned for full-year. "Given the resilience of the group's trading in the first half, which included a period of extensive lockdown measures in the first quarter, the board now anticipates a performance for the year ending 31 March 2021 which is materially ahead of its previous Covid-19 adjusted expectations," Renewi says.
Current stock price: 22.95 pence, up 18% on Thursday afternoon
Year-to-date change: down 37%
By Eric Cunha; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Renewi Plc