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Close the Loop Navigates Earnings Hit Amid Strategic Shifts and Operational Hurdles
9:54am on Monday 23rd of February, 2026 AEDT
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Recycling and Waste Management
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Close the Loop Navigates Earnings Hit Amid Strategic Shifts and Operational Hurdles
9:54am on Monday 23rd of February, 2026 AEDT
Key Points
Revenue up 2% to $92.3 million despite operational headwinds
Underlying EBITDA down 23%, NPATA plunges 61%
Impairment charge of $23.2 million on intangible assets
Packaging division delivers double-digit growth amid resilient demand
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