Gfl environmental reports second quarter 2024 results and raises full year 2024 guidance for the second time
Revenue of $2,060.0 million , ahead of guidance solid waste price of 6.5% excluding the impact of divestitures, increase of 6.1% including the impact of divestitures adjusted ebitda1 of $591.1 million, increase of 13.9% excluding the impact of divestitures; 9.3% including the impact of divestitures; adjusted net income1 of $108.7 million; net loss of $472.3 million adjusted ebitda margin1 of 28.7%, increase of 90 basis points; solid waste adjusted ebitda margin1 of 32.5%, increase of 90 basis points adjusted cash flows from operating activities1 of $394.8 million; cash flows from operating activities of $364.6 million; adjusted free cash flow1 of $185.7 million year-to-date completed acquisitions generating approximately $100.0 million in annualized revenue raised full year 2024 guidance to adjusted ebitda2 of approximately $2,240.0 million to $2,250.0 million and adjusted ebitda margin2 of 28.4%, up 170 basis points compared to the prior year vaughan, on , july 31, 2024 /prnewswire/ - gfl environmental inc. (nyse: gfl) (tsx: gfl) ("gfl", "we" or "our") today announced its results for the second quarter of 2024. "our exceptional start to this year can be attributed to the commitment of our over 20,000 employees who deliver consistent high-quality results and strive to make our business better every day," said patrick dovigi, founder and chief executive officer of gfl.
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