Cleanaway Waste Management

This company, which is the clear market leader in Australia in total waste management solutions, had a good FY21 with revenue up 5% and EBITDA up 4% to $535m. We expect Cleanaway will benefit from increased focus on recycling in the Australian economy in the medium term and on an increased digitisation of Cleanaway’s businesses. New management under incoming CEO Mark Schubert are pursuing other strategic initiatives. Recent landfill acquisitions in Sydney bode well in terms of securing scarce as...

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