Cleanaway On Track To Deliver Higher Earnings In Fiscal 2017; Maintain AUD 0.90 FVE
Cleanaway Waste Management announced at its AGM that market conditions will show little change in 2017 from those experienced in 2016 and based on current trading, both the Solids and Liquids & Industrial Services divisions should report increases in earnings. Revenue in Liquids & Industrial Services will remain challenged for the first half of fiscal 2017 and possibly the full year due to continuing tough market conditions and technical shutdowns initiated during the first half. We have...Cleanaway Waste Management is focused on the following segments: Solids, which comprises the collection, treatment, recycle and disposal of all types of solid waste streams, including general waste, recyclables, construction and demolition waste and medical and washroom services; as well as Liquids and Industrial Services, which comprises the collection, treatment, processing and recycling of liquid and hazardous waste, including industrial waste, grease trap waste, oily waters and used mineral and cooking oils in packaged and bulk forms for resale, disposal and to produce fuel oils and base oils, as well as services including industrial cleaning, vacuum tanker loading, site remediation.
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