News

Despite difficult economic conditions, Van Gansewinkel Groep’s business units (waste management services, raw materials and energy) showed stable operating results in 2009. Van Gansewinkel Groep earnings before interest, tax, depreciation, amortisation and exceptional items (EBITDAE) decreased by 5%, while the operating result, excluding one-off costs, increased by 7%. The one-off costs are mainly related to the closure of the incinerator in Rotterdam. The overall result was a net loss of €188 million. Van Gansewinkel Groep expects a net profit for 2010 if market conditions remain stable.