Cleanaway reported 1H FY26 net revenue of AUD 1,875.3 million (up 13.0%), underlying EBIT of AUD 228.2 million (up 16.9%) with an underlying EBIT margin of 12.2% (up 40 bps), and underlying NPAT attributable to equity holders of AUD 109.7 million (up 17.8%). Underlying EPSA was 5.2 cents (up 18.2%) and free cash flow was AUD 74.2 million (down 21.5%). The interim dividend was 3.35 cents per share (up 19.6%), fully franked, with a 68.4% payout ratio; net debt was AUD 2,307.6 million and the leverage ratio was 2.32x. Cleanaway upgraded FY26 underlying EBIT guidance to AUD 480 million–AUD 500 million, reaffirmed total capex outlook of about AUD 415 million, and guided net finance expense of about AUD 155 million. By segment, Solid Waste Services delivered 1H FY26 net revenue of AUD 1,256.7 million (up 7.5%) and underlying EBIT of AUD 196.7 million with a 15.7% margin; highlights included Citywide integration progress, improved labour and fleet efficiency, CDS volume growth, NSW FOGO-driven organics growth, and the closure of New Chum landfill on 30 November with an EBIT impact of about AUD 3 million. Environmental & Technical Solutions – Oils & Technical Services and Health Services reported 1H FY26 net revenue of AUD 342.0 million (up 5.1%) and underlying EBIT of AUD 36.0 million with a 10.5% margin; the company cited capacity constraints at Christie St, a HealthShare Victoria tender outcome with about 85% retained, and AUD 2.4 million of temporary logistics costs from Cyclone Alfred-related disruption in Queensland (now resolved), with a turnaround expected in 2H. Industrial Services posted 1H FY26 net revenue of AUD 339.1 million (up 74.3%) and underlying EBIT of AUD 28.8 million with an 8.5% margin, supported by Contract Resources’ first five months’ contribution, with integration and synergies tracking ahead of plan. On safety, Cleanaway reported a 1H FY26 serious injury frequency rate of 0.36 and TRIFR of 3.5, and noted two fatal incidents in the half-year alongside an external safety review that found no systemic safety issues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cleanaway Waste Management Ltd. published the original content used to generate this news brief on February 26, 2026, and is solely responsible for the information contained therein.