Renewi, the Benelux region's waste management market leader, saw performance in the third quarter of its 2024 financial year affected by the overall state of the economy. Although it continued to predict an improvement in performance in the second half of its business year, the group's board said on 30 January that it now expected full-year performance to fall short of market expectations due to "the weaker regional economic environment".
In the quarter that closed on 31 December, volumes from Renewi's Dutch Commercial waste activities and particularly in the Construction & Demolition (C&D) segment were "subdued and reflective of wider weakness in regional construction activity"....
