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Enviri Corporation - NVRI STOCK NEWS

Welcome to our dedicated page for Enviri Corporation news (Ticker: NVRI), a resource for investors and traders seeking the latest updates and insights on Enviri Corporation stock.

Enviri Corporation (NYSE: NVRI) is a global leader in providing a broad range of environmental services and innovative solutions aimed at transforming waste into valuable resources. Headquartered in Philadelphia, Pennsylvania, Enviri operates in over 150 locations across more than 30 countries, showcasing a vast operational footprint and international expertise.

The company's current operations are divided into three core divisions: Harsco Environmental, Harsco Rail, and Clean Earth. Harsco Environmental is the largest provider of on-site material processing and environmental services to the global metals industry, operating at over 130 customer sites in 32 countries. Their services include slag pot handling, metal recovery, and slag processing, all aimed at promoting efficient and sustainable metal production.

Harsco Rail, another division, offers comprehensive railway maintenance and construction solutions. This division stands out for its commitment to enhancing rail safety and efficiency, catering to a diverse, international client base with cutting-edge technologies.

Clean Earth specializes in the remediation, disposal, recycling, and beneficial reuse of hazardous and non-hazardous waste. Recently, Clean Earth was selected by the U.S. Department of Defense for a prototype project to demonstrate remediation technologies for PFAS, a significant environmental challenge. The division operates 91 locations across the United States, providing extensive capabilities in waste management and environmental sustainability.

Enviri is committed to helping its clients achieve their sustainability goals by offering critical recycling and reuse solutions for complex waste streams. Its dedication to environmental stewardship and innovation positions the company as a key player in the global shift towards greener practices.

Recent achievements of Enviri include the renewal of a multi-year services contract with SULB Company by Harsco Environmental, the announcement of the fourth quarter and full-year 2023 earnings results, and a multi-year contract with Gerdau in Mexico to provide comprehensive environmental services.

For investors and stakeholders, Enviri continues to demonstrate robust financial health and strategic growth. The company's focus on sustainable solutions and innovative practices not only addresses current environmental challenges but also paves the way for future advancements in green technologies.

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Enviri (NYSE: NVRI) has announced that it will release its second quarter 2024 earnings results on August 1, 2024, before the NYSE market opens.

The company will also hold a quarterly conference call and webcast at 9:00 a.m. ET on the same day.

Investors and financial analysts can access the live call through their website or by dialing in. The webcast will be archived for those unable to attend live. Dial-in details for the call include a US number (833) 630-1956 and an international number (412) 317-1837.

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Enviri (NYSE: NVRI), a global provider of environmental solutions, is hosting its 2024 Analyst Day in Philadelphia today, June 20. Key executives, including CEO Nick Grasberger, will discuss the company's financial priorities and outlook. Enviri aims for mid-single-digit revenue growth and 10-12% adjusted EBITDA growth annually over the next three years. The company plans to reduce its debt, targeting a leverage ratio of 2.5x by 2027. Clean Earth, a division of Enviri, has increased its EBITDA margin target to 17%. The event will include presentations and a Q&A session, focusing on Enviri's growth potential and sustainability efforts.

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Enviri (NYSE: NVRI) reported first quarter 2024 results with revenues totaling $600 million, a 7% increase over the prior-year quarter. GAAP operating income was $26 million, and Adjusted EBITDA was $78 million, a 19% increase year-on-year. The company's 2024 outlook for Clean Earth and Harsco Environmental remains consistent with previous guidance, showing strong performance and positive future prospects.

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Enviri (NYSE: NVRI) will be participating in upcoming investor conferences including Waste 360 Investor Summit, 19th Annual Industrial Growth Conference, and 2024 Cross Sector Insight Conference. The webcast presentation will be available on the company's website under the Investor Relations section.
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Enviri (NVRI) disclosed the outcomes of its 69th Annual Meeting of Stockholders, endorsing all board nominees, ratifying PricewaterhouseCoopers LLP as Independent Auditors, and approving Executive Officer Compensation and Equity Plan Amendment No. 4.
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Enviri (NVRI) will host an Analyst Day on June 20, 2024, in Philadelphia to discuss Clean Earth's accomplishments, business attributes, and financial priorities. Key executives like Jeff Beswick and Nick Grasberger will present at the event.
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Enviri (NVRI) to release first quarter 2024 earnings on May 2, 2024, with a conference call and webcast. Details provided for investors and financial analysts.
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Enviri Corporation (NVRI) reported fourth quarter 2023 results with revenues totaling $529 million, a 13% increase YoY. Adjusted EBITDA reached $73 million, up by 21%. Full year 2023 revenue increased by 10% with GAAP operating income of $111 million. 2024 Adjusted EBITDA is expected to range between $300-320 million.
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Harsco Environmental, a division of Enviri Corporation (NVRI), signs a seven-year contract with Gerdau in Mexico for slag management and scrap processing services, emphasizing sustainability and operational efficiency.
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Clean Earth, a division of Enviri Corporation (NYSE: NVRI), has partnered with Veolia North America on a five-year agreement to provide guaranteed incineration capacity in a new state-of-the-art waste treatment facility in Gum Springs, Ark. The agreement offers reliable, predictable, safe, and efficient waste disposal for Clean Earth customers. Veolia's new facility will be powered by local decarbonizing energy generated directly on-site, North America's first for a hazardous waste plant. The partnership aims to address the growing demand for safe, sustainable management of complex waste streams, providing a more sustainable option for the marketplace and benefiting consumers and the public.
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FAQ

What does Enviri Corporation do?

Enviri Corporation provides a broad range of environmental services and related innovative solutions, focusing on recycling and reuse of waste streams.

Where is Enviri Corporation headquartered?

Enviri Corporation is headquartered in Philadelphia, Pennsylvania.

How many locations does Enviri operate in?

Enviri operates in over 150 locations across more than 30 countries.

What are the main divisions of Enviri Corporation?

The main divisions of Enviri Corporation are Harsco Environmental, Harsco Rail, and Clean Earth.

What services does Harsco Environmental provide?

Harsco Environmental offers on-site material processing and environmental services to the global metals industry, including slag handling, metal recovery, and slag processing.

What is Clean Earth's role in Enviri Corporation?

Clean Earth specializes in the remediation, disposal, recycling, and reuse of hazardous and non-hazardous waste, and is involved in significant projects like the remediation of PFAS for the U.S. Department of Defense.

What recent achievements has Enviri Corporation made?

Recent achievements include renewing a multi-year contract with SULB Company, signing a new contract with Gerdau, and participating in a PFAS remediation project for the U.S. Department of Defense.

How does Enviri Corporation contribute to sustainability?

Enviri Corporation provides recycling and reuse solutions for complex waste streams, helping customers achieve their sustainability goals.

How can I get updates about Enviri Corporation's financial performance?

You can get updates about Enviri Corporation's financial performance by visiting the Investor Relations section of their website or joining their earnings calls and webcasts.

What is Enviri Corporation's commitment to environmental stewardship?

Enviri Corporation is committed to transforming waste into valuable resources, reducing environmental impact, and promoting sustainable practices through innovative solutions.

Enviri Corporation

NYSE:NVRI

NVRI Rankings

NVRI Stock Data

838.68M
80.10M
2.33%
93.89%
2.8%
Engineering Services
Professional, Scientific, and Technical Services
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United States of America
PHILADELPHIA