• Targeting 10-15% EPS growth and >260bps margin expansion
• Leveraging scale and network to drive profitable growth
• Accelerating investments in technology, data & analytics
• Exploring selective investments in new growth platforms

Cleanaway Waste Management Ltd has outlined its Blueprint 2030 2.0 strategy, building on the foundations established in Blueprint 2030 1.0. The key pillars of the strategy include: 1) Targeted high-value revenue growth through a refreshed customer value proposition and transforming sales and the customer experience; 2) Expanding margins by over 260bps and growing cash flows by optimizing the branch network and leveraging the scale and utilization of assets; 3) Accelerating growth through investments in technology, automation, and data & analytics supported by an efficient organization; and 4) Exploring selective investments in new, profitable and scalable growth platforms that connect and leverage the existing network. The company aims to extend its position as Australia's leading waste management and technical services provider, underpinned by underlying growth in the continuing business linked to GDP and favorable secular trends, as well as the benefits of the strategy execution.

The company expects 10-15% EPS growth and over 260bps of margin expansion over the life of the strategy. This is expected to be driven by higher post-tax underlying profit, insurance recoveries, and benefits from restructuring and acquisition integration.

Cleanaway is targeting stable and increasing free cash flow, 10-15% EPS growth, and increasing returns on capital. The company aims to maintain an investment-grade credit profile and a dividend payout ratio of 50-75% of underlying net profit after tax.