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Cleanaway Waste Management Limited (ASX:CWY)

ALERT: Price-sensitive ASX Announcement for CWY
Current share price for CWY : $2.590 0 (0%)+
Announcement
Release
20 Aug 2026 7:33AM
Price at Release
$2.590
Full Release
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Summary
Cleanaway Waste Management Limited's FY26 results showed significant growth in key financial metrics, with net revenue increasing by 13.1% to $3,736.7 million and underlying EBIT growing by 14.2% to $470.2 million. Despite a decrease in statutory NPAT by 37.2% due to significant non-recurring items, the company achieved a 63.7% increase in free cash flow, reaching $213.8 million. Strong performances in Solid Waste Services and Contract Resources were major contributors, and the company declared a final dividend, raising the total FY26 dividend to 6.85 cents per share. The FY27 outlook is positive, with an expected underlying EBIT of $500 million to $530 million.
Key Points
  • Cleanaway Waste Management Limited reported a 13.1% increase in net revenue for FY26, amounting to $3,736.7 million.
  • Underlying EBIT rose by 14.2% to $470.2 million, driven by strong performance in Solid Waste Services and Contract Resources.
  • The statutory NPAT decreased by 37.2% to $98.5 million due to significant non-recurring items.
  • Free cash flow increased by 63.7%, totaling $213.8 million, reflecting strong earnings growth and working capital management.
  • The company declared a fully franked final dividend of 3.5 cents per share, raising the total dividend for FY26 to 6.85 cents per share.
  • Solid Waste Services saw a 9.1% increase in EBIT to $405.0 million, with net revenue rising by 6.4%.
  • Contract Resources exceeded acquisition business cases, contributing significantly to revenue and EBIT.
  • FY27 guidance expects underlying EBIT between $500 million and $530 million.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.