Covanta annual revenue increased from $1.9 billion in 2018 to $1.9 billion in 2019, a 0.1% increase. Damit Verizon Media und unsere Partner Ihre personenbezogenen Daten verarbeiten können, wählen Sie bitte 'Ich stimme zu.' Subscribe to Waste Dive to get the must-read news & insights in your inbox. Fiscal year is January-December. In addition to expanding its global presence, Covanta is prioritizing its existing (and primarily domestic) assets as an equal or greater piece of achieving that $250 million free cash flow target. As a result of adoption, the, (b) Purchases of property, plant and equipment are also referred to as capital expenditures. Due to the uncertainty of the likelihood, amount and timing of any such adjusting items, we do not have information available to provide a quantitative reconciliation of projected net income/loss to an Adjusted EBITDA projection. Covanta plans to invest $15 million in 2019 on its first Total Ash Processing System (TAPS) and approximately $25 million in total through 2020.
seasonal or long-term fluctuations in the prices of energy, waste disposal, scrap metal and commodities, and Covanta's ability to renew or replace expiring contracts at comparable prices and with other acceptable terms; difficulties in the operation of our facilities, including fuel supply and energy delivery interruptions, failure to obtain regulatory approvals, equipment failures, labor disputes and work stoppages, and weather interference and catastrophic events; failure to maintain historical performance levels at Covanta's facilities and Covanta's ability to retain the rights to operate facilities Covanta does not own; Covanta's and the joint ventures ability to avoid adverse publicity or reputational damage relating to its business; difficulties in the financing, development and construction of new projects and expansions, including increased construction costs and delays; Covanta's ability to realize the benefits of long-term business development and bear the costs of business development over time; Covanta's ability to utilize net operating loss carryforwards; Covanta's ability to avoid defaults under its long-term contracts; performance of third parties under its contracts and such third parties' observance of laws and regulations; concentration of suppliers and customers; increased competitiveness in the energy and waste industries; changes in foreign currency exchange rates; limitations imposed by Covanta's existing indebtedness and its ability to perform its financial obligations and guarantees and to refinance its existing indebtedness; exposure to counterparty credit risk and instability of financial institutions in connection with financing transactions; restrictions in its certificate of incorporation and debt documents regarding strategic alternatives; failures of disclosure controls and procedures and internal controls over financial reporting; Covanta's and the joint ventures ability to attract and retain talented people; other risks and uncertainties affecting Covanta's businesses described periodic securities filings by Covanta with the SEC. To participate, please dial 1-866-393-4306 approximately 10 minutes prior to the scheduled start of the call. facts. For 2019 guidance, Covanta expects adjusted EBITDA to fall in the $440-$465 million range, with free cash flow of $120-$145 million. Daten über Ihr Gerät und Ihre Internetverbindung, darunter Ihre IP-Adresse, Such- und Browsingaktivität bei Ihrer Nutzung der Websites und Apps von Verizon Media. Capital expenditures that primarily maintain existing facilities are classified as maintenance capital expenditures. Key Highlights. www.covanta.com EfW plant operating expense: ($ in millions). MORRISTOWN, N.J. – December 18, 2018 – Covanta Holding Corporation (NYSE: CVA) ("Covanta"), a world leader in sustainable waste management and renewable energy, today announced financial close of the Earls Gate Energy Centre (“Earls Gate”) with strategic development partner Green Investment Group (GIG). Privacy Notice and Conference Call Information Covanta and GIG will each hold a 25 percent equity ownership in the project, with co … dollars)." Do Not Sell My Personal Information. 0 ] Weighted Average Common Shares Outstanding: (a) For additional information, see Exhibit 4 of this Press Release, Receivables (less allowances of $11 million and $14 million, respectively), Prepaid expenses and other current assets, Waste, service and energy contract intangibles, net, Accrued expenses and other current liabilities, Preferred stock ($0.10 par value; authorized 10 shares; none issued and outstanding), Common stock ($0.10 par value; authorized 250 shares; issued 136 shares, outstanding 131 and 131, respectively), (a) During the fourth quarter of 2017, our EfW facility in Dublin, Ireland met the criteria to be classified as held for sale. Find detailed stats on Covanta revenue on Craft. dollars)." The company expects its third permitted regulated medical waste plant to take on even more in 2019 and plans to expand capacity by permitting additional plants in the next several years. As a Premium user you get access to the detailed source references and background information about this statistic. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
/Subtype /Image Please do not hesitate to contact me. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to … Covanta Energy. *Ya]5RW^[Ik>hrrD+Ud6Hs6&,d7lW. on In order to provide a meaningful basis for comparison, we are providing information with respect to our Adjusted EPS for the three months ended March 31, 2018 and 2017, reconciled for each such period to diluted income per share, which is believed to be the most directly comparable measure under GAAP. 5 October 25, 2018 Energy Update (in millions, except price) Q3 2018 Q3 2017 2018E Energy Revenue: Energy Sales $67 $68 $275 - $290 Capacity 13 12 50 Total $81 $80 $325 - … The following table provides the components of total purchases of property, plant and equipment: Maintenance capital expenditures paid but incurred in prior periods, Capital expenditures associated with construction of Dublin EfW facility, Capital expenditures associated with organic growth initiatives, Capital expenditures associated with Essex County EfW emissions control system, Total capital expenditures associated with growth investments, Capital expenditures associated with property insurance events, Total purchases of property, plant and equipment, Reconciliation of Diluted Earnings (Loss) Per Share to Adjusted EPS, (a) For details related to the Reconciling Items, see Exhibit 6A of this Press Release, Effect of foreign exchange loss on indebtedness, Weighted Average Diluted Shares Outstanding, (b) We calculate the federal and state tax impact of each item using the statutory federal tax rate and applicable blended state rate, (a) Includes the operation of material processing facilities and related services provided by our CES business, (b) Consists of transfer stations and transportation component of NYC MTS contract, (c) Includes waste brokerage, debt service and other revenue not directly related to EfW waste processing activities, (d) Consists of elimination of intercompany transactions primarily relating to transfer stations, Note: Certain amounts may not total due to rounding, Revenue and Operating Income Changes - Q1 2017 to Q1 2018.