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Casella Waste Systems Inc (CWST) Q4 2020 Earnings Call Transcript

Operator Ladies and gentlemen, thank you for standing by, and welcome to the Casella Waste Systems, Inc. Q4 2020 Conference Call. [Operator Instructions] After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] I would now like to hand the conference over to your speaker today, Joe Fusco, Vice President, Communications. Please go ahead, sir. Joseph Fusco Vice President of Communications Thank you for joining us this morning, and welcome. With us today are John Casella, Chairman and Chief Executive Officer of Casella Waste Systems; Ed Johnson, our President and Chief Operating Officer; Ned Coletta, our Senior Vice President and Chief Financial Officer; and Jason Mead, our Director of Finance.

New yorkUnited statesJohnw casellaJoe fuscoEd johnsonJason meadNed colettaJohn casellaCasella waste systemsCasella waste systems incVice presidentChief executive officerChief operating officerSenior vice presidentChief financial officerSafe harbor

Casella Shows Resiliency in Q4, Looks Forward to 2021

Casella Casella Waste Systems Inc. (CWST) presented its Q4 2020 financial results as well as figures for the fiscal year ended December 31, 2020. The company cited the resiliency of its business model and systems enhancements for its ability to respond to sales trends and market changes while executing its long-term growth strategy. Volumes further rebounded in Q4 as commercial customers reopened, construction activity returned and economic activity moved in a positive direction for Casella’s secondary and rural markets in the Northeast. This year was unprecedented in our strong performance and execution highlights the resiliency of our business, along with a courage, dedication and tenacity of our 2500 employees, said John Casella, chairman and CEO.

United statesEd johnsonNed colettaJohn casellaCasella waste systems incResource solutionsCasella waste systemsSouthbridge landfillNet incomeOutlook guidanceFree cash flowWaste united statesஒன்றுபட்டது மாநிலங்களில்எட் ஜான்சன்நெத் கோலெட்டாஜான் கேசெல்லா

Casella moving ahead with multiple Northeast landfill expansions as capacity tightens

Dive Brief: Casella Waste Systems is continuing plans to expand its disposal capacity in the Northeastern U.S. to take advantage of a tightening market and anticipated price escalation in the region. During its fourth quarter earnings call on Friday, CEO John Casella said the company plans to pursue new permit approvals to further activate its McKean Landfill in Pennsylvania. The upcoming closure of the Materials Innovation and Recycling Authority (MIRA) refuse-derived fuel facility in Connecticut is one factor that could put pressure on the regional disposal market, he said. The company is also moving forward with other landfill expansions in the region, including ongoing development of the latest expansion at its Waste USA site in Vermont and bump up capacity at its Hyland site in New York from almost 470 tons a year to about 1 million tons.

New yorkUnited statesHyland landfillNed colettaJohn casellaCasella waste systemsEnvironmental research education foundationWaste systemsMckean landfillMaterials innovationRecycling authorityWaste united statesEnvironmental researchEducation foundationWestern new yorkCorporate news

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Capital federalDistrito federalRio negroJoseph octavioAl peronistJohn casellaHorace massaccesiAlliance civicElectoral collegeHer provinceமூலதனம் கூட்டாட்சியின்திஸ்திரிதோ கூட்டாட்சியின்ரியோ நீக்ரோஜான் கேசெல்லாதேர்தல் கல்லூரி