Q1 earnings results for major waste and recycling companies
Catch up on the latest round of financial results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors and Stericycle.
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WM describes 'conservative' approach on M&A, sees strong Q1 price and volume trends
By Cole Rosengren • April 26, 2022Executives at the industry's top company kicked off earnings season with updates on efforts to offset inflation, reduce head count through automation and focus more on ESG investments than on big acquisitions. Read the full article ➔
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Republic Services plugs US Ecology-driven expansion, Archaea RNG deal
By Maria Rachal • May 6, 2022After finalizing the $2.2 billion US Ecology acquisition, Republic said it has another $400 million worth of solid waste and recycling deals "in the advanced stages of closing" and is eyeing tuck-ins in environmental solutions. Read the full article ➔
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Waste Connections touts $175M in Q1 acquisitions, 'robust pipeline' for 2022
By Megan Quinn • May 4, 2022The company discussed a strong start to the year due in part to solid waste pricing and revenues from its resource recovery sector, but inflation and labor challenges remain. Read the full article ➔
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GFL Environmental's momentum continues with 21 deals, further potential to recover fuel costs
By Cole Rosengren • May 5, 2022Following the Sprint purchase, executives anticipate further M&A opportunities. They were also optimistic in an earnings call about further potential from recovering Canadian volumes, price increases and lower labor turnover. Read the full article ➔
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Casella forecasts $1B in annual revenue, growing M&A pipeline
By Megan Quinn • April 29, 2022The Northeastern company reported a positive quarter despite facility construction setbacks, inflation issues and lower landfill volumes. It also previewed upward of $500 million in potential acquisition opportunities. Read the full article ➔
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Clean Harbors Q1 boosted by HydroChem PSC deal, growing environmental services demand
By Cole Rosengren • May 4, 2022Executives touted plans for an upcoming Nebraska incinerator and are optimistic about gaining further ground in a market that has become more consolidated following Republic's purchase of US Ecology. Read the full article ➔
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Stericycle reports challenging Q1, detailing recovery from labor and inflation headwinds
By Megan Quinn • April 28, 2022As it saw a decline in pandemic-related waste, Stericycle experienced its most acute period of driver illnesses yet. The company also previewed a new medical waste facility and closed out a $90 million corruption settlement. Read the full article ➔