Plant maintenance cuts into Cory's financial performance in 2025

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British energy-from-waste (EfW) plant operator Cory reported lower revenue and earnings in 2025 as major planned maintenance work at its Riverside 1 facility and the redevelopment of its Barking waste transfer station reduced waste throughput and electricity generation.

Revenue declined by 10 per cent to £184m (approximately €212m, £1 = €1.16) in 2025, while underlying earnings before interest, tax, depreciation and amortisation (Ebitda) fell by 23 per cent to £66m. Depreciation and amortisation charges totalled £79m in 2025, resulting in an operating loss of £4m, compared with a profit of £12m a year earlier....

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