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IN BRIEF: Renewi Swings To Profit During Forecast-Beating First-Half

10th Nov 2020 19:09

Renewi PLC - Milton Keynes, Buckinghamshire-based waste-to-products firm - Says revenue in six months ended September down 11% to EUR821.4 million from EUR926.5 million. Swings to pretax profit of EUR4.4 million from EUR17.8 million loss a year earlier. "We delivered a resilient performance in the first half, materially ahead of our Covid-19 adjusted expectations," Chief Executive Officer Otto de Bont says.

Current stock price: 25.00 pence

Year-to-date change: down 31%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Renewi Plc
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