Renewi (RWI)

Sector:

Support

Index:

FTSE 250

682.00p
   
  • Change Today:
    -13.00p
  • 52 Week High: 734.00
  • 52 Week Low: 450.00
  • Currency: UK Pounds
  • Shares Issued: 80.56m
  • Volume: 44,635
  • Market Cap: £549.42m

Renewi shares rise on new Dutch facility opening

By Benjamin Chiou

Date: Tuesday 02 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Shares in Renewi rose strongly on Tuesday after the FTSE 250-listed recycling firm announced the opening of a new hard plastics sorting facility in The Netherlands which it said will help deliver on its sustainable organic growth objectives.
The facility, first announced last October, is located in Acht and will enable Renewi to separate collected plastics and recycle more contaminated material from construction and demolition waste.

"With the opening of its new facility, Renewi advances its recycling efforts, solidifying its position as a leader in the sector and reducing reliance on traditional waste disposal methods," Renewi said in a statement.

"The Acht facility showcases Renewi's innovative approach towards future recycling processes and will help increase the ccompany's recycling rate further. Renewi aims to expand partnerships with industry leaders and stakeholders, reaffirming its commitment to sustainability and helping leading the charge towards a waste-free future."

The new facility is part of €100m three-year investment programme announced back in 2022, which is expected to lead to a €20m annual improvement in earnings before interest and tax.

The stock was up 3.8% at 596p by 0830 BST.

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Renewi Market Data

Currency UK Pounds
Share Price 682.00p
Change Today -13.00p
% Change -1.87 %
52 Week High 734.00
52 Week Low 450.00
Volume 44,635
Shares Issued 80.56m
Market Cap £549.42m

Renewi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.50% above the market average18.50% above the market average18.50% above the market average18.50% above the market average18.50% above the market average
20.43% above the sector average20.43% above the sector average20.43% above the sector average20.43% above the sector average20.43% above the sector average
Price Trend
48.69% above the market average48.69% above the market average48.69% above the market average48.69% above the market average48.69% above the market average
38.00% above the sector average38.00% above the sector average38.00% above the sector average38.00% above the sector average38.00% above the sector average
Income
49.17% below the market average49.17% below the market average49.17% below the market average49.17% below the market average49.17% below the market average
58.73% below the sector average58.73% below the sector average58.73% below the sector average58.73% below the sector average58.73% below the sector average
Growth
80.1% below the market average80.1% below the market average80.1% below the market average80.1% below the market average80.1% below the market average
81.63% below the sector average81.63% below the sector average81.63% below the sector average81.63% below the sector average81.63% below the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Renewi Dividends

  Latest Previous
  Final Interim
Ex-Div 27-Jun-24 28-Nov-19
Paid 31-Jul-24 10-Jan-20
Amount 5.00p 0.45p

Trades for 24-Jun-2024

Time Volume / Share Price
13:19 486 @ 681.00p
13:10 627 @ 681.00p
13:09 1 @ 683.00p
13:09 185 @ 682.00p
13:09 129 @ 683.00p

Renewi Key Personnel

CEO Otto de Bont
CFO Annemieke den Otter

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