NORTH AMERICAN BUSINESS
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
NORTH AMERICAN BUSINESS
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
NORTH AMERICAN BUSINESS
No Result
View All Result
Home ALL Energy

Covanta Holding Corporation Reports 2020 Fourth Quarter and Full Year Results and Provides 2021 Guidance

by Ed Johnson
February 19, 2021
A A

MORRISTOWN, N.J. – Covanta Holding Corporation (NYSE: CVA) (“Covanta” or the “Company”), a world leader in sustainable waste and energy solutions, reported financial results today for the year ended December 31, 2020.

Q420

Key Highlights

  • Strategic review progressing, with initial implementation steps to be announced by mid-year 2021
  • Protos project reached financial close in Q4, marking fourth UK project in construction
  • Resilient business model minimized financial impact of the pandemic in 2020
  • Reestablishing guidance for Adjusted EBITDA and Free Cash Flow for 2021

“Covanta’s 2020 results highlighted the underlying resilience of our business model and the capabilities of our incredible operating team,” said Michael Ranger, President and CEO. “Waste flows in our markets have largely retuned to pre-pandemic levels and we’ve seen recent strength in the recycled metal markets, both of which are adding momentum as we look ahead to 2021. Our strategic review is progressing and we look forward to announcing concrete steps as they are developed and executed in the coming quarters.”

More detail on our fourth quarter results can be found in the exhibits to this release and in our fourth quarter 2020 earnings presentation found in the Investor Relations section of the Covanta website at www.covanta.com.

2021 Guidance
The Company established 2021 guidance for the following key metrics:

Guidance_Q420
($ in millions)

Conference Call Information
Covanta will host a conference call at 8:30 AM (Eastern) on Friday, February 19, 2021 to discuss its fourth quarter results.

The conference call will begin with prepared remarks, which will be followed by a question and answer session. To participate on the live call, please dial 1-888-317-6003 (US) or 1-412-317-6061 (international) approximately 15 minutes prior to the scheduled start of the call and enter the passcode 3286737. The conference call will also be webcast live from the Investor Relations section of the Company’s website. A presentation will be made available during the call and will be found in the Investor Relations section of the Covanta website at www.covanta.com.

An archived webcast will be available two hours after the end of the conference call and can be accessed through the Investor Relations section of the Covanta website at www.covanta.com.

Tags: < Financial Results
ShareTweetShareSend

Related Industries

Energy

Toshiba to Exhibit at DISTRIBUTECH International

February 4, 2023
Energy

chevron names mark a. nelson vice chairman

January 27, 2023
Energy

AkzoNobel using 100% renewable electricity in North America

January 26, 2023
Energy

ABB sells Power Conversion division to AcBel Polytech Inc. for $505 million

January 21, 2023
Energy

chevron finalizes acquisition of beyond6 CNG fueling network

January 4, 2023
Energy

bp completes acquisition of Archaea Energy

December 29, 2022

Medtronic recommends rejection of below-market mini-tender offer by TRC Capital Investment Corporation

January 26, 2023

...

Lenovo and WEKA Announce Global Collaboration to Accelerate Next-Generation AI and Analytics with New Hybrid Cloud Data Management Solutions

February 8, 2023

...

AbbVie and Anima Biotech Announce Collaboration for the Discovery and Development of mRNA Biology Modulators against Oncology and Immunology Targets

January 11, 2023

...

Cargill Wins 2023 BIG Innovation Award

January 12, 2023

...

Toshiba to Exhibit at DISTRIBUTECH International

February 4, 2023

...

Emerson Announces Premium, All-Cash Proposal to Acquire National Instruments for $53 Per Share

January 18, 2023

...

BASF breaks ground on MDI capacity expansion project at Geismar site

January 12, 2023

...

Pfizer Expands ‘An Accord for a Healthier World’ Product Offering to Include Full Portfolio for Greater Benefit to 1.2 Billion People in 45 Lower-Income Countries

January 18, 2023

...

KKR Appoints Tim Lawler as Executive Advisor

January 18, 2023

...

NORTH AMERICAN BUSINESS (www.na-biz.com) is a leading source of business and corporate news, information, industry trends, market updates and insights across a broad spectrum of industries in North America and worldwide.

INDUSTRIES

  • Aero
  • Agriculture
  • ALL
  • Automotive
  • Business Service
  • Chemical
  • Construction
  • Construction Materials
  • Consumer
  • Education
  • Energy
  • Entertainment
  • Environmental
  • F&B
  • Financial
  • Healthcare
  • Hospitality
  • Industrial
  • IT
  • IT Hardware
  • Logistic
  • Metal & Mining
  • Packaging & Paper
  • Rail
  • Real Estate
  • Telecom

CONTACT US

EDITORIAL:     editor#na-biz.com

PARTNERSHIP:     biz#na-biz.com

HUMAN RESOURCE:     hr#na-biz.com

* (replace # with @)

  • Official Site

Copyright © NA-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © NA-BIZ.COM All rights reserved.