Renewi plc (SHMCF)
Renewi plc operates in the Waste Management industry of the Industrials sector, headquartered in Milton Keynes, GB. The stock last traded at $7.50, down 2.98% on the session, giving a market capitalisation of $754.4M. On trailing twelve-month figures it carries a trailing P/E of -15.37, a net margin of -2.0%. Its beta of 1.01 implies it has historically moved more than the broad market.
Renewi plc specializes in transforming waste into valuable resources through its comprehensive waste management and recycling services. The company's operations are structured across three distinct segments: 1. Commercial Waste: This division is responsible for the collection, sorting, and treatment of commercial waste streams in both the Netherlands and Belgium. It processes a wide array of materials, including timber, construction aggregates, various plastics, paper products, and organic refuse. 2. Mineralz & Water: This segment is dedicated to the remediation and stabilization of contaminated substances, converting them into secondary raw materials primarily for the construction sector in the Netherlands and Belgium. Its activities encompass the treatment of diverse polluted materials such as bottom and fly ash, various soils, old asphalt, industrial effluent, sludges, chemical waste, incinerator by-products, and packaged hazardous substances. 3. Specialities: Focusing on niche recycling and the diversion of particular waste types, this segment also manages waste processing facilities on behalf of city and county councils across the United Kingdom. Additionally, it handles the recycling of electrical and electronic equipment (WEEE) and glass. Renewi maintains a significant operational presence across multiple European countries, including the United Kingdom, the Netherlands, Belgium, France, Portugal, and Hungary. Originally established in 1880 as Shanks Group plc, the company rebranded as Renewi plc in February 2017. Its corporate headquarters are situated in Milton Keynes, United Kingdom.
Renewi plc is most often compared with the following Industrials names: