• Expects to deliver underlying EBIT in FY26 of between $470 million and $500 million
• September quarter reflected subdued trading conditions
• FY26 EBIT expected to be weighted more heavily to the second half

Cleanaway Waste Management Limited (Cleanaway) has reaffirmed its expectation to deliver underlying EBIT in FY26 of between $470 million and $500 million. The company noted that the September quarter reflected subdued trading conditions, and that FY26 EBIT is expected to be weighted more heavily to the second half than the typical split of recent years. Cleanaway also announced an indirect cost reduction program is underway, with details to be provided at the FY26 first-half results in February 2026. Cleanaway CEO & Managing Director, Mark Schubert, stated that while trading conditions in the September quarter were subdued, the company knows what needs to be done and is confident in its ability to deliver the FY26 earnings guidance. He also noted that the indirect cost review provides an opportunity to sustainably reduce indirect costs and create a leaner, more efficient business to sharpen the focus on customer experience and drive earnings to cash.

Expects to deliver underlying EBIT in FY26 of between $470 million and $500 million.