Workflow
Waste Management
icon
Search documents
Lassila & Tikanoja Plc to launch a share repurchase programme for share‑based incentive schemes and remuneration of the Board of Directors
Globenewswire· 2026-02-27 05:50
Core Viewpoint - Lassila & Tikanoja Plc has announced a share repurchase program aimed at supporting share-based incentive schemes and compensating the Board of Directors, with a maximum of 150,000 shares to be repurchased, representing approximately 0.39% of total shares [1][3]. Group 1 - The share repurchase will commence on 2 March 2026 and conclude by 28 April 2026 [1]. - The repurchase will be conducted using the company's unrestricted equity at the market price on Nasdaq Helsinki Ltd, and will not be proportional to existing shareholders' holdings [2]. - The Extraordinary General Meeting on 4 December 2025 authorized the Board to repurchase up to 2,000,000 shares, which is about 5.2% of the total shares, for various purposes including acquisitions and incentive schemes [3]. Group 2 - The total number of registered shares in Lassila & Tikanoja Plc is 38,211,724, and currently, the company does not hold any of its own shares [4]. - Lassila & Tikanoja is a leading Nordic circular economy company focused on waste management, recycling, and promoting sustainable material use, employing approximately 2,300 people in Finland and Sweden [5].
Lassila & Tikanoja Plc's Board of Directors decided on a share-based incentive scheme
Globenewswire· 2026-02-27 05:45
Core Viewpoint - Lassila & Tikanoja Plc has established a new long-term share-based incentive scheme aimed at aligning the objectives of the company, shareholders, and key employees to enhance the company's long-term value and strengthen employee commitment [1] Group 1: Performance Share Plan Overview - The Performance Share Plan 2026–2030 consists of three performance periods: 2026–2028, 2027–2029, and 2028–2030 [2] - Participants can earn shares based on the achievement of performance criteria set by the Board of Directors at the beginning of each performance period, with rewards paid after each period [3] Group 2: Performance Criteria and Rewards - For the performance period 2026–2028, the maximum total reward corresponds to approximately 218,677 shares, including cash portions, aimed at about 25 key employees, including the Group's President and CEO [4] - Rewards are paid partly in shares and partly in cash, with cash intended to cover taxes related to the rewards [5] Group 3: Shareholding Requirements - Members of the Group Executive Board must hold at least 50% of the net shares received until their total shareholding value equals their annual salary, maintaining this requirement as long as they are part of the Board [6] Group 4: Performance Metrics - The performance criteria for the period 2026–2028 include: - Return on capital employed (30%) - Revenue growth (30%) - Total shareholder return (rTSR) (30%) - Reduction of carbon footprint (ESG) (10%) [7]
Lassila & Tikanoja’s Shareholders’ Nomination Board submits its proposals for the 2026 Annual General Meeting
Globenewswire· 2026-02-26 15:45
Lassila & Tikanoja PlcStock exchange release 26 February 2026 at 5.45 PM EET Lassila & Tikanoja’s Shareholders’ Nomination Board submits its proposals for the 2026 Annual General Meeting Lassila & Tikanoja’s Shareholders’ Nomination Board submits the following proposals to the Annual General Meeting to be held on 28 April 2026. The proposals will also be included in the notice of the 2026 Annual General Meeting. Number and Composition of the Board of Directors The Shareholders’ Nomination Board proposes the ...
Vow ASA: Record Q4 revenues and strategy revision concluded
Globenewswire· 2026-02-25 06:00
Core Insights - Vow ASA achieved record revenues and improved operational performance in Q4 2025, with a strategic focus on Maritime Solutions and Aftersales segments while adopting a selective approach in Industrial Solutions [1][2] Financial Performance - Revenues for Q4 2025 reached NOK 347.4 million, an increase of NOK 81.7 million compared to Q4 2024, driven by high activity in the cruise newbuild market and an increase in operational vessels [3] - Adjusted EBITDA for the quarter was NOK 15.8 million, slightly down from NOK 16.6 million in Q4 2024, with profitability improvements in Maritime Solutions and Aftersales offset by negative results in Industrial Solutions [5] - Total order backlog at year-end was approximately NOK 1.7 billion, providing visibility with confirmed contracts extending to 2034 [4] Strategic Developments - A comprehensive strategy revision was completed, leading to the appointment of leadership with defined P&L responsibilities and performance targets for each business segment [9][10] - The Group aims to strengthen its position in Maritime Solutions and Aftersales while pursuing a more cautious and selective approach in Industrial Solutions to balance risk and opportunities [2][10] Liquidity and Financial Management - The liquidity position improved significantly, with available liquidity at NOK 136.2 million at year-end, although fluctuations are expected in the coming quarters due to delivery timings and payment milestones [7] - Vow maintains a constructive dialogue with its financing partner, securing covenant waivers for the reporting periods and establishing a new covenant structure for future periods [8]
Clean Harbors Stock Barely Moves Despite Q4 Earnings and Revenue Beat
ZACKS· 2026-02-24 17:57
Key Takeaways CLH beat Q4 estimates with $1.62 EPS and $1.49B revenues, up 4.5% and 4.8% year over year, respectively.ES revenues rose 6.3%, while SKSS sales fell 3.6% due to base oil pricing headwinds.CLH guides 2026 adjusted EBITDA of $1.20B-$1.26B and GAAP net income of $410M-$461M.Clean Harbors, Inc. (CLH) reported better-than-expected fourth-quarter 2025 results, with both earnings and revenues beating the Zacks Consensus Estimate. However, the positive results did not affect investor sentiment as the ...
enviri(NVRI) - 2025 Q4 - Earnings Call Presentation
2026-02-24 14:00
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 ...
Enviri brings back former CFO and provides Clean Earth update
Yahoo Finance· 2026-02-24 12:06
This story was originally published on Waste Dive. To receive daily news and insights, subscribe to our free daily Waste Dive newsletter. By the numbersQ4 revenue: $556M Down 0.5% year over year Full year revenue: $2.24B Down 4.4% year over year Clean Earth Q4 revenue: $244M Up 1.2% year over year Recap: Enviri reported a better than expected end to the year as it works to complete the sale of its Clean Earth business to Veolia. Chairman and CEO Nick Grasberger praised executives for continued cost managem ...
Enviri Corporation Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-24 12:00
Fourth quarter revenues totaled $556 millionFourth quarter GAAP consolidated loss from continuing operations of $86 million, including expenses related to the pending sale of Clean Earth and spin-off of Harsco Environmental and Harsco Rail as well as certain contract adjustments in Harsco RailAdjusted EBITDA in Q4 totaled $70 millionFull year 2025 revenue totaled $2.2 billion; GAAP consolidated loss from continuing operations was $160 million; and Adjusted EBITDA totaled $275 million2026 outlook: Adjusted E ...
Secure Energy Services Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-24 10:36
Core Insights - SECURE Energy Services plans to increase its dividend by 5% to CAD 0.42 per share starting in Q2 2026 and will continue share buybacks [1] - The company ended 2025 with a total debt to adjusted EBITDA ratio of 2.1x, or 1.8x excluding leases, and refinanced part of its debt with CAD 300 million of senior unsecured notes due in 2032 [2] - SECURE returned CAD 373 million to shareholders in 2025 through dividends and share buybacks, repurchasing nearly 19 million shares at an average price below CAD 15, representing about 8% of shares outstanding [3] Financial Performance - For 2025, SECURE reported funds flow from operations of CAD 378 million and discretionary free cash flow of CAD 273 million, with a year-over-year decline in discretionary free cash flow primarily due to higher interest expenses and cash taxes [4] - Full-year adjusted EBITDA rose 5% year-over-year to CAD 501 million, supported by infrastructure-backed earnings and pricing discipline [5] - The company achieved higher fourth-quarter profitability and modest full-year growth in 2025 despite weaker commodity prices [6] Growth and Capital Plans - SECURE invested CAD 138 million in organic growth capital in 2025, exceeding its original plan of CAD 75 million, focusing on produced water infrastructure, industrial waste processing, and metal recycling optimization [7] - The company commissioned its first two fully contracted produced water disposal facilities in the Montney, with one facility operational in Q4 2025 and the second expected to be online in March 2026 [8] - For 2026, SECURE plans to allocate CAD 75 million for organic growth projects, with potential increases as projects are sanctioned [9] Operational Metrics - In 2025, SECURE processed approximately 95,000 barrels per day of produced water, 38,000 barrels per day of liquid waste, and disposed of about 3.2 million tons of solid waste [10] - The energy infrastructure segment handled over 133,000 barrels per day of crude oil across 13 terminals and three gathering pipelines, with modest increases in pipeline and terminal volumes [11][12] - Weaker oil prices impacted exploration-linked service lines, leading to a decline in waste processing and oil recovery volumes [13] Metal Recycling and Pricing - The metal recycling segment faced challenges in 2025 due to a 50% U.S. tariff on finished steel, which reduced Canadian domestic demand [14] - SECURE repositioned over 90% of scrap volumes into U.S. markets, with an estimated EBITDA impact of 10% to 15% in 2025 [14] - The company was selective in pricing discussions, with no immediate plans for additional pricing actions [15] Accounting and Future Outlook - A voluntary accounting policy change was made regarding the presentation of oil purchase and resale activities, with no impact on net income or adjusted EBITDA [16] - For 2026, SECURE provided adjusted EBITDA guidance of CAD 520 million to CAD 550 million, with expectations for improvement later in the year [17] - The specialty chemicals business performed well in production chemistry related to paraffins and wax removal, and a potential CAD 100 million claim related to a lawsuit was disclosed [18]
Vow ASA: Contract of EUR 27 million awarded for equipment deliveries to four newbuilds
Globenewswire· 2026-02-23 16:05
Oslo, 23 February 2026: Vow ASA (ticker OSE: VOW) and its subsidiary Scanship have received a purchase order from a major European shipyard of EUR 27 million. This order covers equipment for four new build Cruise vessels. The vessels are a continuation of an existing platform. Equipment deliveries have been agreed for four confirmed vessels under the contract. Deliveries will start in April 2027 for the first vessel and continue for sister vessels throughout 2029. The first vessel is scheduled to enter ope ...