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IN BRIEF: Renewi expects 2022 trading ahead of previous expectations

ALN

Renewi PLC - Milton Keynes, England-based waste management company - On Wednesday says overall trading in for the year ending March 31 has been ‘strong’. It expects its 2022 financial year to be ahead of expectations. Says price increases implemented in January are expected to cover 2022 cost inflation. Company seeing ongoing high recyclate prices and good cost control which it says more than offsets volumes that continued to be adversely affected by Covid restrictions.

Current stock price: 673.00 pence

12-month change: up 36%

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