Covanta reported strong first quarter results this week coming out of the COVID-19 pandemic. Covanta CEO Michael Ranger also outlined the results of the company s strategic review which creates a plan for how Covanta can unlock additional value, a plan which is now being put in motion.
Some of the company s 1Q 2021 earnings highlights include:
Revenue of $498 million, up 6.4% from $468 million a year ago
Net cash provided by operating activities of $52 million, down 14.8% from $61 million a year ago
Adjusted EBITDA of $106 million, up 9.3% from $97 million a year ago
Free cash flow of $19 million, up 5.5% from $18 million a year ago
Net income of $2 million, up from -$32 million a year ago
Apr 26, 2021
CHESTER, Pa. Covanta is pleased to announce that continuous emissions monitoring data for the Delaware Valley Waste-to-Energy facility is now available to the public on the company s website 24 hours a day, seven days a week. This data is the same information monitored by the Pennsylvania Department of Environmental Protection (DEP) and required by the facility s air permit to ensure its adherence to the Commonwealth s stringent environmental regulations. It is also used by operators onsite at the facility to track emissions, anticipate potential issues and resolve them to ensure compliance. We care deeply about the Chester community and understand some residents have raised concerns about the facility, said Derek Veenhof, Covanta s chief operating officer. We want residents to know we ve heard them and in taking this step, we are demonstrating our commitment to changing the status quo. Chester is an environmental justice community and as an industrial
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CHESTER, Pa., April 23, 2021 /PRNewswire/ Covanta is pleased to announce that continuous emissions monitoring data for the Delaware Valley Waste-to-Energy facility is now available to the public on the company s website 24 hours a day, seven days a week. This data is the same information monitored by the Pennsylvania Department of Environmental Protection (DEP) and required by the facility s air permit to ensure its adherence to the Commonwealth s stringent environmental regulations. It is also used by operators onsite at the facility to track emissions, anticipate potential issues and resolve them to ensure compliance. We care deeply about the Chester community and understand some residents have raised concerns about the facility, said Derek Veenhof, Covanta s chief operating officer. We want residents to know we ve heard them and in taking this step, we are demonstrating our commitment to changing the status quo. Chester is an envi
Emissions Data Now Available Online for the Waste-to-Energy Facility in Chester, PA benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.