Renewi (RWI)

Business description

Renewi is a waste-to-product company with operations primarily in the UK, the Netherlands and Belgium, and activities spanning the collection, processing and resale of industrial, hazardous and municipal waste.

Stock data

Market cap.£819.8m
Last close102.50p
High / Low (52 weeks)107.3p / 80.0p
Stock market listingLN
Forecast net debt (£m)N/A
Forecast gearing ratio (%)N/A
TeamIndustrials
SectorIndustrial Support Services

Price performance

%1m3m12m
Actual0.79.96.2
Relative *2.610.5(3.8)

* % Relative to local index

Other companies in sector Show

Company news

Shanks to rebrand as Renewi following merger

Tue, 28 Feb 2017 10:58:45 GMT

Renewi targets improvement in UK PFI contracts

Thu, 25 May 2017 11:57:00 GMT

Does Renewi PLC have more upside potential than BAE Systems plc, Rolls Royce ...

Mon, 23 Oct 2017 07:07:30 GMT

Renewi Municipal Division Reports Trading Loss

Fri, 26 May 2017 09:00:00 GMT

Renewi reports 'strong' trading results

Thu, 28 Sep 2017 08:48:45 GMT

Y/E Mar Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2016A 614.8 69.2 21.6 4.3 23.8 6.4
2017A 779.2 81.6 26.0 3.7 27.7 19.7
2018E 1531.4 161.2 51.0 4.8 21.4 8.4
2019E 1554.3 184.8 70.6 6.6 15.5 5.4

Last updated on 15/11/2017

Latest research

Investment summary

A good start to FY18 was trailed in earlier updates and Commercial Waste was a strong driver of progress in H118. This is now reflected in our increased estimates for the current year, while subsequent years are effectively unchanged, as is merger integration synergy guidance. Renewi already offers superior earnings growth and management’s strategic focus is on enhancing this further.

Last updated on 15/11/2017

Industry outlook

After an extended period of contraction the Dutch waste market, accounting for the largest single business within Renewi, has returned to growth as the economy has recovered, boosted in particular by stronger construction activity.

Last updated on 02/11/2017

Key management

Colin Matthews , Chairman
Peter Dilnot, CEO
Toby Woolrych, CFO

Company address

Mount Farm
Dunedin House, Milton Keynes
MK1 1BU
United Kingdom
+44 (0)1908 650650
View website