Cleanaway shares have come under pressure after its full-year 2025 results landed in line with expectations but fiscal 2026 guidance fell short.
Underlying earnings before interest and tax (EBIT) rose 15% year-on-year to A$421 million, close to the top end of prior guidance. The company declared a final dividend of 3.2 cents per share, a modest beat.
However, initial fiscal 2026 guidance for headline EBIT of A$470–500 million includes around A$30 million from acquisitions, implying A$440–470 million on an organic basis. That compares unfavourably with Cleanaway’s previously stated “ambition targets” of at least A$450 million and an internal key performance indicator of A$500 million.
RBC analyst Owen Birrell noted the outlook “looks soft relative to current market estimates”, with the midpoint of A$455 million sitting about 2% below consensus.
Cleanaway shares were last down 3.5% at A$2.84 at midday, having earlier fallen as low as A$2.69.