GFL Environmental Reports First Quarter - Revenue of $1,801.4 million, ahead of guidance
- Solid Waste price of 7.7% excluding the impact of divestitures, 7.1% including the impact of divestitures
- Adjusted EBITDA1 of $455.7 million, increase of 10.0% excluding the impact of divestitures; 3.5% including the impact of divestitures; Adjusted Net Income1 of $0.9 million; Net loss of $176.5 million; Adjusted income per share1 of $0.00; Loss per share of $(0.53)
- Adjusted EBITDA margin1 of 25.3%, increase of 80 basis points; Solid Waste Adjusted EBITDA margin1 of 30.8%, increase of 160 basis points
- Adjusted Cash Flows from Operating Activities1 of $276.1 million; cash flows from operating activities of $263.2 million; Adjusted Free Cash Flow1 of $49.1 million
- Year-to-date completed acquisitions generating approximately $100.0 million in annualized revenue
- 2024 Adjusted EBITDA2 guidance increased to approximately $2,230.0 million
VAUGHAN, ON, May 1, 2024 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL", "we" or "our") today announced its results for the first quarter of 2024.
GFL Environmental Reports First Quarter 2024 Results (prnewswire.com)