Earnings summaries and quarterly performance for ENVIRI.
Executive leadership at ENVIRI.
F. Nicholas Grasberger III
Chairman, President and Chief Executive Officer
Christophe N. Reitemeier
Senior Vice President and President, Harsco Environmental
Claus Heuschmid
Senior Vice President and President, Harsco Rail
Jeffrey A. Beswick
Senior Vice President and President, Clean Earth
Jennifer O. Kozak
Senior Vice President and Chief Human Resources Officer
Russell C. Hochman
Senior Vice President and General Counsel, Chief Compliance Officer & Corporate Secretary
Samuel C. Fenice
Vice President and Corporate Controller
Tom G. Vadaketh
Senior Vice President and Chief Financial Officer
Board of directors at ENVIRI.
Research analysts who have asked questions during ENVIRI earnings calls.
Devin Dodge
BMO Capital Markets Corp.
3 questions for NVRI
Brian Butler
Stifel, Nicolaus & Company, Incorporated
2 questions for NVRI
Lawrence Solow
CJS Securities, Inc.
2 questions for NVRI
Davis Baynton
BMO Capital Markets
1 question for NVRI
Larry Solow
CJS Securities
1 question for NVRI
Rob Brown
Lake Street Capital Markets
1 question for NVRI
Recent press releases and 8-K filings for NVRI.
- Veolia announced the acquisition of Clean Earth for an Enterprise Value of $3.0 billion (c.€2.6 billion), representing 9.8x EBITDA 2026e post run-rate synergies.
- The acquisition is expected to generate $120 million in run-rate cost synergies by Year 4, with estimated implementation costs of approximately $90 million.
- This strategic move will double Veolia's presence in the US Hazardous Waste sector, positioning it as the #2 player in the US and reinforcing its position as the #1 Worldwide player in Hazardous Waste.
- Clean Earth's 2026E financial KPIs include Revenues of $1,030 million and EBITDA of $200 million.
- The cash transaction, funded through existing resources and debt, is supported by €2 billion+ disposals of mature assets and is projected to be EPS accretive from Year 2, with closing targeted for mid-2026.
- Enviri Corporation has entered into a definitive agreement to sell its Clean Earth business to Veolia Environnement SA for an aggregate cash consideration of $3.04 billion.
- Enviri shareholders are expected to receive $14.50 - $16.50 per share in cash, which compares to Enviri’s unaffected stock price of $8.63 on August 4, 2025.
- Shareholders will also retain full ownership of the Harsco Environmental and Rail segments, which will be spun off into a standalone publicly traded company, "New Enviri".
- The transaction is expected to close in mid-2026, with New Enviri anticipated to have approximately 2.0x Net Leverage at closing. Russell Hochman will become CEO of New Enviri.
- Enviri Corporation reported Q3 2025 total revenue of $575 million and adjusted EBITDA of $74 million, with an adjusted diluted loss per share of $0.08 and adjusted free cash flow of $6 million.
- The company is actively pursuing a strategic review for its Clean Earth business, with strong interest from potential buyers and an expectation to conclude the process by year-end 2025. A credit agreement amendment now facilitates a potential sale or separation.
- Clean Earth delivered a record quarter with $250 million in revenue (up 6% year-over-year) and $43 million in adjusted EBITDA, while Harsco Environmental improved with $261 million in revenue and $44 million in adjusted EBITDA.
- Harsco Rail experienced an adjusted EBITDA loss of $4 million on $64 million in revenue due to weak demand and higher manufacturing costs, contributing to a lowered full-year outlook.
- The company reduced its full-year EBITDA guidance midpoint by $27 million and free cash flow guidance midpoint by $50 million, projecting Q4 adjusted EBITDA between $62 million and $72 million.
- Enviri Corporation's Harsco Environmental division has signed a 15-year, $150 million contract with Jindal Stainless, India's largest stainless steel producer.
- This renewed agreement expands Harsco Environmental’s operations in Jajpur, India, to process additional stainless steel slag and includes the construction and operation of a new wet milling plant.
- The partnership is expected to create approximately 140 new jobs and contributes to Harsco Environmental's goal of doubling its business in India by 2028.
Quarterly earnings call transcripts for ENVIRI.
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