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GFL Environmental Inc T.GFL

Alternate Symbol(s):  GFL

GFL Environmental Inc. is a Canada-based diversified environmental services company. The Company is engaged in providing a comprehensive line of solid waste management, liquid waste management and soil remediation services through its platform of facilities throughout Canada and in more than half of the U.S. states. Its segments include Solid waste, which includes hauling, landfill, transfer and material recovery facilities (MRFs), and Environmental Services, which includes liquid waste management and soil remediation services. Its services include residential waste collection, commercial waste collection, industrial cleaning services, dumpster rental services, liquid and hazardous waste and soil remediation services. It offers a variety of services for home, such as waste collection, recycling collection, bulky and large item collection and vacuum trucks. Its services are provided through the Company and its subsidiaries and a network of facilities across Canada and the United States.


TSX:GFL - Post by User

Post by Betteryear2on Nov 01, 2023 4:26pm
169 Views
Post# 35712078

GFL Environmental Reports Third Quarter 2023 Results

GFL Environmental Reports Third Quarter 2023 Results
  • Revenue of $1,890.0 million, increase of 10.3% excluding the impact of divestitures; 3.2% including the impact of divestitures
     
  • Solid Waste price of 8.8%
     
  • Adjusted EBITDA1 of $530.3 million, increase of 12.0%; Net income from continuing operations of $18.3 million; Adjusted Net Income from continuing operations1 of $116.8 million
     
  • Adjusted EBITDA margin1 of 28.1%; Solid Waste Adjusted EBITDA margin1 of 31.4%; Environmental Services Adjusted EBITDA margin1 of 30.9%
     
  • Adjusted Cash Flows from Operating Activities1 of $400.5 million; cash flows from operating activities of $125.8 million; Adjusted Free Cash Flow1 of $276.0 million
     
  • Year-to-date completed acquisitions generating approximately $325 million2 in annualized revenue

VAUGHAN, ONNov. 1, 2023 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL", "we" or "our") today announced its results for the third quarter of 2023.

GFL Environmental Reports Third Quarter 2023 Results (prnewswire.com)

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