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Cleanaway Waste Management Addresses Safety Concerns Amid Recent Fatalities

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Cleanaway Waste Management Addresses Safety Concerns Amid Recent Fatalities

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Cleanaway Waste Management ( (AU:CWY) ) has issued an announcement.

Cleanaway Waste Management Limited’s recent Annual General Meeting highlighted significant safety concerns within the company, with three fatalities reported in FY25, including a recent incident at the Coolaroo Material Recovery Facility. The company has initiated both internal and external reviews to enhance its safety culture and processes, with a focus on improving communication and implementing in-cab vehicle monitoring systems to prevent future incidents.

The most recent analyst rating on (AU:CWY) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Cleanaway Waste Management stock, see the AU:CWY Stock Forecast page.

More about Cleanaway Waste Management

Cleanaway Waste Management Limited is Australia’s leading sustainable waste management, industrial, and environmental services company. With a workforce of over 10,000 people, the company operates across more than 350 locations in Australia, New Zealand, and the Middle East. It manages the largest waste and industrial services fleet in Australia, supported by a network of recycling facilities, transfer stations, engineered landfills, liquid treatment plants, and refineries.

YTD Price Performance: 6.56%

Average Trading Volume: 6,042,450

Technical Sentiment Signal: Buy

Current Market Cap: A$6.18B

Learn more about CWY stock on TipRanks’ Stock Analysis page.

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