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Renewi PLC - Milton Keynes, England-based waste management company - Says revenue and earnings before interest and tax for the first quarter ended June 30 were ahead of the same period a year before. Notes this was in line with expectations. States its cash performance was also in line with expectations, with core net debt increasing by €18 million to €321 million. Says the acquisition of Paro got approved by the competition authority and works council in the Netherland. Expects to complete it in August. Says its outlook is positive as regulatory changes in the EU continue to support the transition to increased recycling.
Current stock price: 754.00 pence, down 0.9% on Thursday
12-month change: up 32%
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