Group 1 - The "Rui Che" robot, showcased at the 26th China Environmental Expo, is a compact road cleaning robot that can navigate, avoid obstacles, and classify waste types, with a battery life of approximately 8 hours [1] - "Rui Che" integrates advanced technologies such as brain-like computing, high-power rotation, and energy management, making it suitable for various environments like parks and communities [1] - The "Gemini Intelligent Recycling Machine" and its supporting intelligent sorting center have been deployed in multiple locations in Changchun, enhancing the value of recycled resources and promoting waste-free city initiatives [1] Group 2 - The unmanned cleaning boat from Shaanxi Ouka Electronic Intelligent Technology Co., Ltd. can clean water surface debris and perform routine inspections and data monitoring in various water bodies [2] - Artificial intelligence is increasingly being integrated into the environmental protection industry, contributing to the construction of a "Beautiful China" [2] - The director of the Chinese Academy of Environmental Sciences emphasized the need for strategic ecological environment technology supply, highlighting the interdisciplinary integration of technologies like new energy, new materials, and artificial intelligence for significant breakthroughs in ecological governance [2]

Company Overview - 374Water Inc. is a global leader in waste destruction technology, focusing on municipal, federal, and industrial markets [3] - The company provides innovative solutions for wastewater treatment and waste management, utilizing its AirSCWO technology [3] - AirSCWO technology efficiently destroys and mineralizes a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy [3] Upcoming Conference Call - A conference call will be held on May 15, 2025, at 4:30 p.m. Eastern time to discuss the first quarter results ending March 31, 2025 [1] - The call will be hosted by CEO Chris Gannon and CFO Russell Kline, followed by a Q&A session [2] - A press release detailing the results will be issued prior to the call, and a presentation will be available during and after the call [1][2] Access Information - Dial-in numbers for the conference call are 1-877-423-9813 for U.S. and 1-201-689-8573 for international participants [2] - A telephone replay will be available approximately three hours after the call until May 29, 2025 [2] - The replay can be accessed by dialing 1-844-512-2921 from the U.S. or 1-412-317-6671 internationally, using the replay pin number: 13753142 [2]

Q1 2025 Quarterly Results and Outlook Conference Call May 1, 2025 © 2025 Enviri Corporation. All Rights Reserved. This document and the information set forth herein are the property of Enviri Corporation. 1 ADMINISTRATIVE ITEMS 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 management will discuss the Company's financial performance during a confere ...

Core Insights - Enviri Corporation reported first quarter 2025 revenues of $548 million, a decrease of 9% compared to the same quarter in 2024, which had revenues of $600 million [4][6] - The company experienced a GAAP consolidated loss from continuing operations of $11 million in Q1 2025, an improvement from a loss of $16 million in Q1 2024 [4][6] - Adjusted EBITDA for Q1 2025 was $67 million, down from $78 million in the prior year, but exceeded the company's guidance of $57 million to $63 million [5][6] Financial Performance - The diluted loss per share from continuing operations on a GAAP basis was $0.15 in Q1 2025, compared to $0.21 in Q1 2024 [2][4] - Adjusted diluted loss per share from continuing operations was $0.18 in Q1 2025, significantly higher than the adjusted loss of $0.03 in the same quarter of 2024 [2][4] - The company reaffirmed its 2025 Adjusted EBITDA guidance range of $305 million to $325 million and free cash flow outlook of $30 million to $50 million [5][12] Segment Performance - Harsco Environmental reported revenues of $243 million in Q1 2025, down from $299 million in Q1 2024, with an adjusted EBITDA of $39 million compared to $49 million in the prior year [7][8] - Clean Earth achieved revenues of $235 million, a 4% increase from $226 million in Q1 2024, with adjusted EBITDA rising to $38 million from $34 million [8][9] - Harsco Rail's revenues decreased to $70 million from $75 million year-over-year, with an adjusted EBITDA loss of $2 million compared to a profit of $2 million in the prior year [9][10] Cash Flow and Outlook - Net cash provided by operating activities was $7 million in Q1 2025, an increase from $1 million in the prior year [11] - Adjusted free cash flow was $(13) million in Q1 2025, an improvement from $(17) million in Q1 2024 [11] - The company anticipates that economic conditions will remain stable for the remainder of 2025, despite elevated economic uncertainty [12][13]

Vow ASA has today published its Annual and Sustainability Report for 2024, as approved by the Board of Directors. The report, including the ESEF file, is enclosed and is also available on the company’s website: www.vowasa.com under Investor Relations: https://www.vowasa.com/investor/results-reports. Subsequent to year-end, the Group recognised a non-cash impairment loss on its investment in Vow Green Metals AS. In connection with events occurring after the reporting period, management concluded that the quo ...

Company Overview - Waste Management, Inc. is the largest waste and environmental services company in North America, providing services such as trash pickup, landfills, recycling, and has recently expanded into renewable energy and medical waste [1]. Investment Focus - The analysis primarily focuses on small- to mid-cap companies, which are often overlooked by many investors, while also occasionally examining large-cap companies to provide a broader perspective on equity markets [1].

Core Insights - Clean Harbors reported revenue of $1.43 billion for the quarter ended March 2025, a year-over-year increase of 4% [1] - The company's EPS for the same period was $1.09, down from $1.29 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $1.42 billion, resulting in a surprise of +0.89% [1] - Clean Harbors delivered an EPS surprise of +6.86%, with the consensus EPS estimate being $1.02 [1] Revenue Breakdown - Environmental Services revenue was $1.21 billion, matching the average estimate from three analysts, representing a year-over-year increase of +3.1% [4] - Safety-Kleen Sustainability Solutions revenue was $222.74 million, exceeding the average estimate of $194.66 million, with a year-over-year change of +9.1% [4] - Corporate Items revenue was $0.10 million, consistent with the average estimate from two analysts, but down -4.9% compared to the year-ago quarter [4] Adjusted EBITDA Performance - Adjusted EBITDA for Environmental Services was $274.59 million, slightly above the estimate of $273.41 million from three analysts [4] - Adjusted EBITDA for Corporate Items was -$67.99 million, compared to the average estimate of -$66.52 million from three analysts [4] - Adjusted EBITDA for Safety-Kleen Sustainability Solutions was $28.25 million, surpassing the estimate of $22.88 million from three analysts [4] Stock Performance - Clean Harbors shares returned +6.6% over the past month, while the Zacks S&P 500 composite experienced a -0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stock prices [1]. Group 1: Stock Performance - Sabesp (SBS) has shown a solid price increase of 20.5% over the past 12 weeks, indicating strong investor interest [3]. - The stock has also increased by 12.7% in the last four weeks, suggesting that the upward trend is still intact [4]. - SBS is currently trading at 97.7% of its 52-week high-low range, indicating a potential breakout [4]. Group 2: Fundamental Strength - SBS holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like SBS that have the fundamental strength to maintain their uptrend [2]. - The article suggests that there are several other stocks passing through this screen, which may also present investment opportunities [7].

Q1 2025 Financial Performance - Revenue reached $1.43 billion, a 4% year-over-year increase, driven by growth in both operating segments[8] - Net income was $58.7 million, resulting in earnings per share (EPS) of $1.09[8] - Adjusted EBITDA was $234.9 million, with an Adjusted EBITDA margin of 16.4%[8] - Adjusted free cash flow was ($115.7) million, aligning with expectations due to the timing of certain items[8] Segment Performance - Environmental Services revenue increased to $1.21 billion, a 3% increase year-over-year, with Adjusted EBITDA of $274.6 million and a margin of 22.7%[10] - Safety-Kleen Sustainability Solutions revenue increased to $222.7 million, a 9% increase year-over-year, but Adjusted EBITDA decreased to $28.3 million with a margin of 12.7%[14] - Safety-Kleen Sustainability Solutions gathered 58 million gallons of waste oil, compared to 55 million gallons in Q1 2024[17] Financial Position - Cash and short-term marketable securities totaled $595.3 million as of March 31, 2025[25] - Current and long-term debt stood at $2.78 billion as of March 31, 2025[25] - Share repurchases amounted to $55.0 million in Q1 2025[26] Full-Year 2025 Guidance - The company projects net income between $377 million and $428 million[27] - The company anticipates Adjusted EBITDA between $1.15 billion and $1.21 billion[27] - The company expects Adjusted Free Cash Flow between $430 million and $490 million[27]

Financial Data and Key Metrics Changes - Company revenue increased by 4% in Q1, totaling $55 million growth, with the Environmental Services (ES) segment contributing two-thirds of that growth [27][8] - Adjusted EBITDA for Q1 was $235 million, with a margin of 16.4%, slightly down year-over-year but in line with expectations [28][27] - Net income for Q1 was down compared to the same period last year, with earnings per share reported at $1.09 [29] Business Line Data and Key Metrics Changes - The ES segment saw a 3% increase in revenue and a 4% increase in adjusted EBITDA, driven by the acquisition of Hefeco and higher incineration utilization [9][8] - Safety Kleen Environmental Services (SKSS) revenue increased year-over-year, reflecting greater volumes and a shift to a higher Charge for Oil (CFO), although adjusted EBITDA decreased slightly [15][16] - Industrial Services revenue declined by 10% year-over-year due to refinery customers delaying spending and maintenance [12][13] Market Data and Key Metrics Changes - The total recordable incident rate (TRIR) for safety was reported at 0.46, marking the best quarter in the company's history [5][6] - Incineration utilization improved to 88% from 79% in Q1 2024, with incineration pricing rising more than 5% on a mix-adjusted basis [10][11] - The company processed 5,000 tons in its new kiln during Q1, with a goal to process over 28,000 tons for the year [11][19] Company Strategy and Development Direction - The company is focusing on internal and external growth opportunities, with a strong cash balance and low leverage to support its growth strategy [20][22] - There is an emphasis on capitalizing on synergies through M&A while also investing in expanding processing and recycling capabilities [20][21] - The company aims to stabilize the SKSS segment while maximizing the value of its assets and minimizing downside potential [24][22] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand for services, particularly in disposal and recycling, despite potential impacts from tariffs [22][70] - The company anticipates a strong second half of the year, with a robust pipeline of remediation and waste projects [24][22] - Management remains cautious about the industrial services segment but believes in the long-term prospects due to the necessity of the services provided [24][70] Other Important Information - The company ended Q1 with a cash balance approaching $600 million and a net debt to EBITDA ratio of approximately 2.1 times [29][30] - A credit rating upgrade by Moody's was received during the quarter, reflecting strong financial performance and capital policies [30][29] - Adjusted free cash flow for Q1 was negative $116 million, consistent with the previous year, primarily due to timing of incentive comp payments and seasonal working capital increases [31][30] Q&A Session Summary Question: Impact of weather on ES segment performance - Management indicated that weather negatively impacted Q1 performance, estimating a loss of $10 million to $12 million in EBITDA due to difficult conditions in January [41][42] Question: Guidance for Q2 and refinery turnarounds - Management confirmed that Q2 guidance does not include large-scale emergency response events and expects a better second half with over 150 planned refinery turnarounds [44][45] Question: Cyclicality of the ES segment - Management described the ES segment as recession-resistant, with continued strong growth expected in the second and third quarters [49][50] Question: Update on PFAS revenue growth - Management confirmed a strong pipeline for PFAS solutions, expecting revenue growth in the range of 15% to 20% for the year [59][60] Question: Base oil pricing and inventory status - Management acknowledged pressure on base oil pricing but highlighted successful pricing initiatives that doubled the average price charged for used oil collection [100][101] Question: M&A pipeline and current environment - Management noted that valuations remain high for assets, but the company is actively reviewing multiple deals while being selective [91][92]