Core Viewpoint - Enviri Corporation has filed an initial Form 10 registration statement with the SEC for the spin-off of Harsco Environmental and Rail into a standalone company named New Enviri, which is expected to occur before the sale of its Clean Earth division to Veolia Environnement S.A. [1][4] Group 1: Spin-off and Corporate Structure - The spin-off of New Enviri is anticipated to take place in mid-2026, just prior to the closing of the Clean Earth sale, pending shareholder approval and other customary conditions [4]. - New Enviri will focus on providing environmental services and material processing for the metals industry, as well as equipment and services for the rail sector [2][6]. Group 2: Financial Projections - Expected pro forma revenues for 2026 are approximately $1.2 billion, with an Adjusted EBITDA of around $140 million, following the adjustment of corporate costs [7]. - New Enviri will launch with a conservative capital structure, featuring a Net Debt to Adjusted EBITDA ratio of 2.0x and an undrawn revolving credit facility at closing [7]. Group 3: Leadership and Governance - Carolann I. Haznedar is expected to serve as Chair of the Board for New Enviri, bringing extensive experience from her 35-year career at DuPont [5][8]. - The establishment of a strong corporate governance foundation is emphasized, with confidence in the leadership team's ability to drive strategic priorities and enhance shareholder value [8]. Group 4: Market Position and Growth Potential - New Enviri aims to be a market leader in environmental solutions for industrial waste and innovative rail technology, with significant growth potential through internal improvements and market recovery [6][7]. - The company anticipates strong cash flow generation, with improvements expected as existing contracts conclude and earnings strengthen [7].

Core Insights - Angelo Gordon & Co. significantly increased its stake in Enviri by acquiring 2,339,915 shares valued at approximately $34.87 million, reflecting a strong investor interest in the company [1][2] Company Overview - Enviri reported a total revenue of $2.24 billion and a net income of -$166.56 million for the trailing twelve months (TTM) [4] - The company's stock price was $19.00 as of February 17, 2026, with a remarkable one-year price change of 117.6% [4][8] Business Operations - Enviri operates through its Harsco Environmental and Harsco Clean Earth segments, providing environmental and waste management solutions [6] - The company addresses complex waste challenges for industrial clients, focusing on resource recovery and compliance, which positions it competitively in the industrial services sector [6][9] Recent Developments - The increase in Enviri's share price is attributed to the announcement of a $3 billion cash sale of its Clean Earth division to Veolia, alongside a reported revenue of approximately $2.2 billion for 2025 [7] - The company's business model relies on long-term service agreements, which help stabilize revenue even during periods of reduced industrial activity [7][10] Investment Position - Following the recent purchase, Enviri's shares accounted for 5.95% of Angelo Gordon's 13F assets as of December 31, 2025, indicating a strategic investment focus [8] - Enviri's shares have outperformed the S&P 500 by 95.28 percentage points, highlighting strong market performance [8]

PHILADELPHIA, March 11, 2026 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI), a market-leading provider of environmental solutions for industrial and specialty waste streams, today announced it has been ranked No. 11 on Corporate Knights’ inaugural USA 25 Most Sustainable Corporations list. The ranking recognizes the 25 highest-scoring publicly traded companies in the United States based on a focused set of sustainability performance indicators. “Enviri delivers environmental solutions that help custome ...

Core Viewpoint - Enviri Corporation is progressing towards the mid-year 2026 closing of the sale of Clean Earth to Veolia Environnement SA, having terminated the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, which is a necessary condition for the transaction [1][2]. Group 1: Transaction Details - The early termination of the waiting period under the HSR Act allows Enviri to move forward with the sale of Clean Earth to Veolia [1]. - Enviri plans to file its Form 10 registration statement for the spin-off of Harsco Environmental and Harsco Rail, referred to as "New Enviri," along with a proxy statement related to the Clean Earth sale later this month [2]. - The completion of the Clean Earth sale and the spin-off of New Enviri is anticipated to occur in mid-2026, pending shareholder approval and other customary closing conditions [2]. Group 2: Company Overview - Enviri is a global leader in environmental services, focusing on providing innovative solutions for waste recycling and reuse, helping customers meet their sustainability goals [3]. - The company operates in over 150 locations across more than 30 countries, emphasizing its extensive reach and commitment to environmental transformation [3].

Core Viewpoint - Enviri is targeting a midyear closing for the sale of Clean Earth, with an expected cash payout range of $14.50 to $16.50 per share, contingent on various factors including cash flow and contract needs for Rail [1][5]. Financial Performance - For full-year 2025, Enviri reported revenue of $2.2 billion and adjusted EBITDA of $275 million, with Clean Earth achieving record margins while Rail faced an EBITDA loss of approximately $20 million due to engineered-to-order (ETO) projects [4][6]. - In the fourth quarter, total revenue was $556 million and adjusted EBITDA was $70 million, unchanged from the prior year, with Harsco Environmental (HE) being the primary driver of performance [10]. Business Segments - Harsco Environmental achieved fourth-quarter revenue of $257 million, up 7% year-over-year, with adjusted EBITDA of $48 million, attributed to improved service levels and operational execution [12]. - Clean Earth generated fourth-quarter revenue of $244 million and adjusted EBITDA of $38 million, with a 3% growth in hazardous waste revenue [14]. - Rail reported fourth-quarter revenue of $56 million and an adjusted EBITDA loss of $4 million, impacted by lower volumes and a weaker mix [15]. 2026 Outlook - Management projects adjusted EBITDA for Harsco Environmental in 2026 to be between $170 million and $180 million, while Rail is expected to incur an EBITDA loss of $26 million to $19 million, leading to a pro forma EBITDA of approximately $140 million for New Enviri [3][18]. - The outlook for Rail anticipates further demand softening and historic low volumes, with ongoing efforts to de-risk ETO exposure being a critical priority [16][20]. Cash Flow and Costs - Enviri expects modest free cash flow generation for New Enviri in 2026, with Rail's ETOs anticipated to remain negative under existing contracts [19]. - The company reported adjusted free cash flow of $6 million in the fourth quarter, with full-year adjusted free cash flow being negative $15 million, primarily due to interest expenses and Rail's negative cash flow [11]. Strategic Actions - Management is taking aggressive actions to manage ETO risk, including restructuring efforts and optimizing supply chain processes [8][20]. - The company is also working on improving commercial terms for large European ETO contracts and has provided updates on project statuses with Network Rail, SBB, and Deutsche Bahn [21].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-03970 ENVIRI CORPORATION (Exact name of registrant as specified in its charter) Delaware 23-1483991 (State or other jurisdiction of incorporation or organization) (I.R.S. employe ...

Enviri (NYSE:NVRI) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Company ParticipantsDave Martin - VP of Investor RelationsLarry Solow - Managing DirectorNick Grasberger - CEORussell Hochman - COOTom Vadaketh - CFOConference Call ParticipantsDevin Dodge - AnalystRob Brown - Senior Research AnalystOperatorAlso, this telephone conference presentation and accompanying webcast made on behalf of Enviri Corporation are subject to copyright by Enviri Corporation, and all rights are reserved. No recordings or ...

Enviri (NYSE:NVRI) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Speaker4Also, this telephone conference presentation and accompanying webcast made on behalf of Enviri Corporation are subject to copyright by Enviri Corporation, and all rights are reserved. No recordings or redistributions of this telephone conference by any other party are permitted without the express written consent of Enviri Corporation. Your participation indicates your agreement. I would now like to introduce Dave Martin of Envir ...

Forward-Looking Statements Q4 2025 Quarterly Results and Outlook Conference Call February 24, 2026 © 2026 Enviri Corporation. All Rights Reserved. This document and the information set forth herein are the property of Enviri Corporation. 1 ADMINISTRATIVE ITEMS Conference Call and Access to Information More information on Enviri's quarterly earnings, including the Company's earnings press release issued today and this presentation, is available on the Investor Relations portion of Enviri's website. Company m ...

Exhibit 99.1 Investor Contact Media Contact +1.267.946.1407 +1.717.480.6145 David Martin Karen Tognarelli dmartin@enviri.com ktognarelli@enviri.com FOR IMMEDIATE RELEASE Enviri Corporation Reports Fourth Quarter and Full Year 2025 Results PHILADELPHIA (Feb. 24, 2026) - Enviri Corporation (NYSE: NVRI) (the "Company") today reported fourth quarter and full year 2025 results. Revenues in the fourth quarter of 2025 totaled $556 million, and on a U.S. GAAP ("GAAP") basis, the consolidated loss from continuing op ...