Renewi joins FTSE 250
07 Juni 2024 - 10:30AM
Renewi joins FTSE 250
07 June 2024
Renewi plc
Renewi joins FTSE 250
Renewi plc ("Renewi" or the
"Group") (LSE: RWI.L: Euronext Amsterdam: RWI.AS), a leading
European waste-to-product company, is pleased to confirm that it
has joined the FTSE 250, to be implemented after the market close
on Friday 21 June 2024 and to take effect from the start of trading
on Monday 24 June 2024. Renewi's inclusion is testament to the
progress delivered on its strategy, notably the successful
portfolio optimisation evidenced by the recent sale of UK Municipal
and turnaround of Mineralz & Water, the efficiency, cost and
cash improvements driven by its Simplify and Future Fit programmes
and the recent reinstatement of progressive dividends.
Otto de Bont, CEO of Renewi said "We are pleased
to join the FTSE 250. This achievement is a recognition of our
team's hard work to deliver on our strategy and dedication to
recycling and the production of circular materials. We remain
focused on our mission to turn waste into new products, helping
contribute to a more sustainable world whilst delivering value for
our shareholders."
For
further information: |
|
Renewi
plcAnne Metz, Director of Investor Relations+31 6 4167
9233investor.relations@renewi.com |
FTI ConsultingRichard Mountain / Ben
Fletcher+44 203 727 1340FTI_RWI@FTIconsulting.com |
About Renewi
Renewi is a pure-play recycling company that focuses on
extracting value from waste and used materials rather than
disposing of them through incineration or landfill. The company
plays an important role in combating resource scarcity by creating
circular materials. In giving new life to used materials, Renewi
addresses both social and regulatory trends, contributing to a
cleaner and greener world.
Our vision is to be the leading waste-to-product company in the
world's most advanced circular economies. With a recycling rate of
63.2%, one of the highest in Europe, Renewi puts 6.6 million tonnes
of low-carbon circular materials back into use each year. This
contributes to mitigating climate change and promotes the circular
economy. Our recycling efforts help to protect natural resources
and prevent more than 2.5 million tonnes of CO2 emissions
annually.
Renewi leverages innovation and the latest technology to turn
waste into circular materials such as paper, metals, plastics,
glass, wood, building materials, compost, and water. We employ over
6,000 people across 154 operational sites in five countries in
Europe. Renewi is recognised as a leading waste-to-product company
in the Benelux region and a European leader in advanced
recycling.
Visit our website for more information: www.renewi.com.
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