GFL Environmental sees FY23 revenue C$7.55B-C$7.65B vs. C$6.76B in FY22

FY23 revenue guidance represents organic growth of approximately 6.4%-7.3%, revenue from net M&A roll over of approximately 3.5% to 4.0% and changes in foreign exchange resulting in approximately 1.8% revenue growth. Sees FY23 Adjusted EBITDA C$2B-C$2.05B, assuming Adjusted EBITDA margin of 26.5%-26.8%. Ssees FY23 Adjusted Free Cash Flow C$700M, inclusive of approximately C$50M of capex spend from 2022 resulting from timing delays and incremental cash interest of approximately C$100M from the annualized impact of higher interest rates