Core Viewpoint - Lassila & Tikanoja Plc has successfully completed its share repurchase program, which was initiated to support its share-based incentive schemes and the remuneration of the Board of Directors [1][3]. Group 1: Share Repurchase Details - The share repurchase program was announced on 27 February 2026 and executed from 3 March 2026 to 20 March 2026 [1]. - A total of 150,000 shares were repurchased, representing approximately 0.4% of all shares in the company [2]. - The average purchase price for the repurchased shares was EUR 7.6893 per share, leading to a total reduction in equity of approximately EUR 1.15 million [2][3]. Group 2: Company Overview - Lassila & Tikanoja is a leading Nordic circular economy company focused on waste management, recycling, and sustainable material use [4]. - The company employs around 2,300 people in Finland and Sweden and is listed on Nasdaq Helsinki [4].

Group 1 - The presentation is hosted by Francisco Marques, Chief of Staff to the CEO at Veolia, emphasizing the importance of multifaceted performance as a value creation lever for the company [1] - The discussion will be led by CEO Estelle Brachlianoff and Deputy CEO Emmanuelle Menning, who is responsible for Finance and purchases [2]

Veolia Environnement Update Summary Company Overview - **Company**: Veolia Environnement (OTCPK: VEOE.F) - **Date of Briefing**: March 23, 2026 Key Industry Insights - **Geopolitical Context**: The company operates in a world marked by geopolitical tensions, particularly in the Middle East, which affects global trade and emphasizes the importance of environmental security as a matter of national security and economic sovereignty [2][8]. - **ESG Relevance**: The current instability reinforces the relevance of Environmental, Social, and Governance (ESG) strategies, as environmental challenges are now seen as security imperatives [2]. Financial Performance - **Revenue**: Achieved over EUR 44 billion in revenue, with EBITDA up 6.3%, exceeding guidance [3]. - **Profitability**: Current net income increased by 11.8% on average per year over the past two years, with profitability up 150 basis points [3]. - **Gross Profit Target**: Achieved a gross profit target of 9.4% two years ahead of schedule [4]. - **Leverage Ratio**: Maintained a leverage ratio of 2.79 times, below the 3 times threshold, indicating financial strength [4]. - **International Operations**: EBITDA increased by 9.3% outside Europe, driven by hazardous waste and water technologies [4]. Environmental Performance - **GreenUp Plan**: Two out of three GreenUp objectives achieved two years early, including saving nearly 1.6 billion cubic meters of fresh water and treating 9.2 million tons of hazardous waste [5][24]. - **Decarbonization**: Scope 1 and 2 emissions reduced by 18.6% compared to 2021, with a target to reduce coal-based activity to below 1% by 2030 [10][12]. - **Biodiversity Initiatives**: Aiming to deploy biodiversity action plans on 85% of sensitive sites by 2027, having already reached 80% [26]. Operational Highlights - **Employee Engagement**: Achieved an 85% employee engagement rate, significantly above the utilities benchmark, with a focus on safety and security [31]. - **Safety Improvements**: Workplace accidents down 75% over 15 years, with a 5% reduction this year [32]. - **Employee Shareholding**: Aiming for 10% employee shareholding to enhance trust and ownership among employees [33]. Strategic Initiatives - **Decarbonization Strategy**: Integrated into the business model, focusing on methane capture, energy efficiency, and coal exit plans [10][12]. - **Water Resource Management**: Advanced tools deployed to monitor water distribution, aiming to save 1.5 billion cubic meters of freshwater by 2027 [24]. - **Hazardous Waste Management**: Achieved treatment of 9.2 million tons of hazardous waste, ahead of the 2027 target [25]. Market Opportunities - **AI and Digital Strategy**: AI is central to improving operational efficiency, with a significant increase in efficiency attributed to AI and digital initiatives [42]. - **Recycling and Circular Economy**: The EU's support for recycling aligns with Veolia's strategy to secure supply chains and reduce dependency on imports [51]. Regional Focus - **Middle East Operations**: Revenue from the Middle East is approximately EUR 1 billion, with a focus on essential services like desalination and hazardous waste management [50][46]. - **Coal Exit Plans**: Successful coal exit strategies in Central Eastern Europe are scalable to other regions, with a focus on multi-fuel approaches [54][56]. Conclusion - **Value Proposition**: Veolia's unique value proposition lies in delivering environmental security that creates lasting shareholder value, addressing critical challenges such as water scarcity and pollution [7][8]. - **Future Outlook**: The company is well-positioned to continue its growth trajectory, leveraging its integrated business model that aligns sustainability with profitability [37].

Company Overview - Lassila & Tikanoja Plc is a leading Nordic circular economy company focused on maximizing the potential of circularity in collaboration with customers and partners [2] - The company provides services in waste management, recycling, hazardous waste and remediation, industrial services, and water treatment [2] - Lassila & Tikanoja aims to enhance societal infrastructure and promote sustainable material use by converting waste into valuable raw materials [2] - The company employs approximately 2,300 people in Finland and Sweden and is listed on Nasdaq Helsinki [2] Share Repurchase Details - On March 20, 2026, Lassila & Tikanoja repurchased 10,000 shares at an average price of €7.6361 per share, totaling a cost of €76,361 [1] - Following this transaction, the total number of shares held by the company increased to 135,712 [1] - The share buybacks were conducted in accordance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegated Regulation (EU) 2016/1052 [1]

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].

Group 1 - Lassila & Tikanoja Plc executed a share repurchase on March 19, 2026, buying 10,000 shares at an average price of €7.7095 per share, totaling €77,095 [1] - Following the repurchase, Lassila & Tikanoja Plc now holds a total of 125,712 shares [1] - The share buybacks comply with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegated Regulation (EU) 2016/1052 [1] Group 2 - Lassila & Tikanoja is a leading Nordic circular economy company focused on waste management, recycling, hazardous waste services, and water treatment [2] - The company aims to promote sustainable material use by transforming waste streams into valuable raw materials [2] - Lassila & Tikanoja employs approximately 2,300 people in Finland and Sweden and is listed on Nasdaq Helsinki [2]

Group 1 - Lassila & Tikanoja Plc executed a share repurchase on March 18, 2026, buying 10,000 shares at an average price of €7.8741 per share, totaling €78,741 [1] - Following this transaction, the company now holds a total of 115,712 shares [1] - The share buybacks comply with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegated Regulation (EU) 2016/1052 [1] Group 2 - Lassila & Tikanoja is a leading Nordic circular economy company focused on waste management, recycling, hazardous waste services, and water treatment [2] - The company aims to promote sustainable material use by transforming waste streams into valuable raw materials [2] - Lassila & Tikanoja employs approximately 2,300 people in Finland and Sweden and is listed on Nasdaq Helsinki [2]

Core Viewpoint - GalaxyEdge Acquisition Corporation has entered into a non-binding letter of intent with Rongcheng Group Limited to explore a potential business combination, which could provide a unique opportunity for shareholders [1][2]. Company Overview - GalaxyEdge Acquisition Corporation is a special purpose acquisition company (SPAC) formed to effect mergers, share exchanges, asset acquisitions, and similar business combinations without being limited to any specific industry or geographic region [7]. - Rongcheng Group Limited is a Hong Kong-based provider of full-cycle waste sorting solutions, offering integrated consulting, implementation, and training services globally, utilizing AI-driven sorting technologies [2][6]. Proposed Transaction Details - The preliminary terms suggest a share-for-share exchange where GalaxyEdge would acquire 100% of Rongcheng's equity, with an exchange ratio of one GalaxyEdge share for each Rongcheng common share, potentially resulting in the issuance of approximately 35 million GalaxyEdge shares at an assumed value of $10.00 per share [3]. - The transaction is subject to customary closing conditions, including regulatory approvals, shareholder approvals, and financing availability [4][5]. Strategic Importance - The CEO of GalaxyEdge emphasized that this letter of intent is a significant step in the strategy to bring Environmental Services and Waste Management to public markets [4]. - The CEO of Rongcheng expressed enthusiasm about the partnership and the opportunity to work closely with GalaxyEdge [5].

Core Viewpoint - The presentation features Casella Waste's leadership, including CEO Ned Coletta and CFO Brad Helgeson, at a JPMorgan conference, marking their return after more than a decade [1][3]. Group 1 - Casella Waste is participating in its first JPMorgan conference in over ten years, indicating a renewed engagement with investors [3]. - The session includes a Q&A format, allowing investors to submit questions online, enhancing interaction with the audience [4].

Core Insights - Clean Harbors Inc. is a leading provider of environmental, energy, and industrial services in North America, specializing in hazardous waste management, emergency spill response, and industrial cleaning [1] Financial Metrics - The company has a price-to-earnings (P/E) ratio of 39.56, indicating that investors are willing to pay $39.56 for every dollar of earnings, reflecting strong expectations for future growth [3] - Clean Harbors has a price-to-sales ratio of 2.58, suggesting that its market value is more than twice its revenue [3] - The enterprise value to sales ratio is 3.01, and the enterprise value to operating cash flow ratio is 20.95, indicating a high valuation relative to sales and cash flow, which reflects strong market confidence [4] - The earnings yield stands at 2.53%, showing the return on investment for shareholders [4] Debt and Liquidity - The company has a debt-to-equity ratio of 1.26, indicating it has more debt than equity, which could impact financial stability [5] - A current ratio of 2.33 suggests that Clean Harbors can comfortably cover its short-term liabilities with its assets, highlighting a balance between debt and liquidity [5] Insider and Political Confidence - Brian P. Weber, the Executive Vice President, sold 4,683 shares at $293.39 each, which may indicate insider confidence levels [6] - Representative April McClain Delaney's investment in Clean Harbors, purchasing between $15,001 and $50,000 worth of shares, reflects political confidence in the company's market position [2][6]