Cleanaway Waste Management's Cost Initiatives 'Incremental' But Within Existing Guidance Envelope, Jefferies Says
MT Newswires Live
Oct 22, 2025
Cleanaway Waste Management's (ASX:CWY) additional cost initiatives are "incremental" and expected to benefit the second half of fiscal 2026, but still within the existing guidance envelope, Jefferies said in a Tuesday note.
The company on Tuesday reaffirmed its fiscal 2026 underlying earnings before interest and taxes guidance in the range of AU$470 million to AU$500 million.
The investment firm noted that the persisting subdued trading conditions in the first quarter of fiscal 2026 were in line with expectations.
Jefferies maintained its buy rating on Cleanaway Waste Management with a price target of AU$3.28.
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