Cleanaway sees FY underlying EBIT A$480m to A$500m

Cleanaway sees FY underlying EBIT A$480m to A$500m

Cleanaway Reports Strong FY Underlying EBIT in Range of A$480m to A$500m

Cleanaway Limited (ASX: CWN), Australia's leading waste and recycling services provider, has reported an underlying earnings before interest and tax (EBIT) of between A$480 million and A$500 million for the fiscal year ending June 30, 2026 [Cleanaway FY26 guidance and operational updates]. This result reflects the company's operational performance, excluding one-off items and adjustments, and underscores its position in the growing environmental services sector.

The EBIT range indicates sustained demand for Cleanaway's waste management solutions, driven by long-term contracts with municipal and commercial clients, as well as investments in recycling infrastructure. The company has emphasized cost discipline and operational efficiency as key contributors to the result, aligning with its strategic focus on profitability and service reliability [Cleanaway FY26 guidance and operational updates].

Cleanaway's performance aligns with broader industry trends, including regulatory support for waste reduction initiatives and increased corporate sustainability commitments. However, the company has acknowledged ongoing challenges, such as inflationary pressures on fuel and logistics costs, which remain partially offset by pricing adjustments and process optimizations [Cleanaway FY26 guidance and operational updates].

The reported EBIT range positions Cleanaway to meet its guidance for the fiscal year, with management highlighting a robust pipeline of opportunities to expand its market share. Analysts note that the result reinforces investor confidence in the company's ability to navigate macroeconomic uncertainties while advancing its environmental objectives [Cleanaway FY26 guidance and operational updates].

Cleanaway is scheduled to release its full annual report in early March 2026, which will provide further details on financial performance, capital expenditures, and future outlook.

[Cleanaway FY26 guidance and operational updates]: Cleanaway FY26 guidance and operational updates.