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GFL Environmental Inc. Sets Date for Q2 2025 Earnings Release
Prnewswire· 2025-06-25 10:45
VAUGHAN, ON, June 25, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it will release its 2025 second quarter financial results after the market closes on Wednesday July 30, 2025 and will host an investor conference call related to this release on Thursday July 31, 2025 at 8:30 am Eastern Time.A live audio webcast of the conference call can be accessed by logging onto the Company's Investors page at investors.gflenv.com or by clicking here or l ...
GFL Environmental: Still Undervalued
Seeking Alpha· 2025-05-12 04:00
Group 1 - GFL Environmental has faced criticism for being an unprofitable and highly leveraged waste management company pursuing an aggressive growth strategy [1] - The investment approach focuses on value and deep value, with an emphasis on understanding industry trends, competitors, and key success drivers [1] - The analyst emphasizes the importance of valuation and qualitative aspects of a company, believing that understanding what is unknown is crucial for managing investment risks [1] Group 2 - The analyst holds a beneficial long position in GFL shares through various means, indicating confidence in the company's future performance [2] - The article expresses personal opinions and does not involve compensation from any company mentioned, ensuring an unbiased perspective [2]
GFL Environmental: Valuation Seems Priced In, Hold For Now
Seeking Alpha· 2025-05-08 09:47
I give a hold rating for GFL Environmental Inc. ( GFL ) as I believe the current valuation already reflects its strong operational performance and near-term upside. While GFL is executing well, its stock has seen aI’m a fundamental, valuation-driven investor with a strong focus on identifying businesses that have the potential to scale over time and unlock massive terminal value. My investment approach centers around understanding the core economics of a business—its competitive moat, unit economics, reinve ...
GFL(GFL) - 2025 Q1 - Quarterly Report
2025-05-02 21:00
Exhibit 99.1 GFL Environmental Reports First Quarter 2025 Results VAUGHAN, ON, April 30, 2025 — GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL", "we" or "our") today announced its results for the first quarter of 2025. "I am extremely proud of the hard work and commitment of our over 15,000 employees, as we delivered another strong start to the year," said Patrick Dovigi, Founder and Chief Executive Officer of GFL. "Our exceptional execution drove industry leading top line growth of 12.5% and 120 basis ...
GFL Environmental Inc. (GFL) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-04-30 22:41
GFL Environmental Inc. (GFL) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.04. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -250%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.16, delivering a surprise of 23.08%.Over the last four quarters, the company has sur ...
GFL Environmental Reports First Quarter 2025 Results
Prnewswire· 2025-04-30 20:05
Core Insights - GFL Environmental Inc. reported a strong start to 2025 with a revenue increase of 12.5% year-over-year, driven by core pricing and positive volume growth [2][8][9] - The company achieved an Adjusted EBITDA of $426.1 million, reflecting a 13.8% increase compared to the same period last year, with an Adjusted EBITDA margin of 27.3%, the highest in the company's history [2][8][9] - GFL's net leverage improved to 3.1x, the lowest in the company's history, following the divestiture of its Environmental Services business, which has allowed for a more aggressive share repurchase strategy [2][8][9] Financial Performance - Revenue for Q1 2025 was $1,560.1 million, a 12.5% increase excluding divestitures and 9.0% including them, with contributions from core pricing (5.7%) and positive volume (0.9%) [8][9][30] - Adjusted EBITDA increased to $426.1 million, with a margin of 27.3%, up from 26.1% in Q1 2024 [8][9][33] - The net loss from continuing operations was $213.9 million, compared to a loss of $195.8 million in Q1 2024 [9][25] Strategic Developments - The company utilized proceeds from the sale of its Environmental Services business to significantly reduce its debt, enhancing its path to an investment-grade credit rating [2][5] - GFL repurchased 31,725,083 subordinate voting shares, indicating a commitment to returning value to shareholders [2][8] - The company plans to continue opportunistic share repurchases in the future [2] Segment Performance - Revenue from Canada was $494.0 million, with an Adjusted EBITDA margin of 27.9%, while the U.S. segment generated $1,066.1 million in revenue with a margin of 33.8% [33] - The solid waste segment's total revenue was $1,560.1 million, with an Adjusted EBITDA of $497.9 million [33] Cash Flow and Liquidity - Adjusted Free Cash Flow for Q1 2025 was $13.7 million, down from $16.4 million in Q1 2024, primarily due to increased cash capital expenditures [9][20] - Cash at the end of the period was $537.2 million, a significant increase from $133.8 million at the end of 2024 [28][29]
GFL Environmental Inc. Resumes Share Repurchase Program
Prnewswire· 2025-04-24 10:45
Core Points - GFL Environmental Inc. has received approval from the Toronto Stock Exchange to resume its normal course issuer bid (NCIB) [1] - The company can repurchase up to 28,046,256 subordinate voting shares during the 12-month period ending March 2, 2026 [2] - GFL has already repurchased 7,618,758 subordinate voting shares under the NCIB, leaving 20,427,498 shares available for repurchase [3] Company Overview - GFL is the fourth largest diversified environmental services company in North America, providing solid waste management services across Canada and 18 U.S. states [4] - The company employs over 15,000 individuals [4]
GFL Environmental Inc. Sets Date for Q1 2025 Earnings Release
Prnewswire· 2025-04-01 10:45
Core Points - GFL Environmental Inc. will release its 2025 first quarter financial results on April 30, 2025, after market close [1] - An investor conference call will be held on May 1, 2025, at 8:30 am Eastern Time to discuss the financial results [1] - The company is the fourth largest diversified environmental services provider in North America, with over 15,000 employees [4] Company Information - GFL is headquartered in Vaughan, Ontario, and offers a comprehensive range of solid waste management services across Canada and in 18 U.S. states [4] - The company emphasizes the importance of pre-registration for the conference call to streamline access for participants [3] - A live audio webcast of the conference call will be available on the company's Investors page [2]
GFL Environmental Inc. Announces Closing of Secondary Offering by Selling Shareholders
Prnewswire· 2025-03-31 21:02
GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of solid waste management services through its platform of facilities throughout Canada and in 18 U.S. states. Across its organization, GFL has a workforce of more than 15,000 employees. For more information: About GFL VAUGHAN, ON, March 31, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced the closi ...
GFL Environmental Inc. Announces Direct Share Buyback of 17,050,298 Subordinate Voting Shares from BC Partners and Intention to Repurchase up to 7,056,027 Subordinate Voting Shares in Secondary Offering
Prnewswire· 2025-03-25 20:53
Core Viewpoint - GFL Environmental Inc. has announced significant share repurchase transactions, including the purchase of over 17 million subordinate voting shares from BC Partners and an agreement to buy up to 7 million shares from RBC Dominion Securities, as part of a strategy to utilize proceeds from the sale of its Environmental Services business [1][2][3]. Share Repurchase Transaction - The company purchased 17,050,298 subordinate voting shares at a net price of US$46.92 per share, which is approximately 3.5% lower than the closing price on March 25, 2025 [1]. - The Selling Shareholder will retain about 20.5% of the issued subordinate voting shares after the transaction, equating to approximately 14.8% of the voting power [4]. Secondary Offering Transaction - GFL has agreed to purchase up to 7,056,027 subordinate voting shares from RBC Dominion Securities as part of a secondary offering of 15,739,769 shares [2]. - This secondary offering involves multiple stakeholders, including the Ontario Teachers' Pension Plan Board and HPS Investment Partners [2]. Financial Strategy - The transactions align with GFL's plan to use around $2.25 billion from the sale of its Environmental Services business to repurchase shares opportunistically, depending on market conditions [3]. - The company received exemptive relief from the Ontario Securities Commission, allowing it to repurchase up to 50% of shares offered in any secondary offering over the next 12 months, with a maximum of 38,157,045 shares [5]. Governance and Advisory - The board of directors unanimously approved the transactions based on a recommendation from a special committee of independent directors [4]. - Canaccord Genuity Corp was retained as a financial advisor for these transactions [4]. Company Overview - GFL Environmental Inc. is the fourth largest diversified environmental services company in North America, providing solid waste management services across Canada and 18 U.S. states, with a workforce exceeding 15,000 employees [6].