Cleanaway Waste Management Ltd

CWY: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$1.40	Xtr	Jgnddwcz

Cleanaway: Improved Vehicle Management Expected to Deliver Reduced Capital Expenditure

Shane Ponraj

May 9, 2024

We are encouraged by no-moat Cleanaway’s plan to reduce capital expenditure by AUD 50 million a year from fiscal 2025. This includes outsourcing ownership of its heavy vehicle fleet, using digital and analytics in fleet pooling decision-making, and hiring specialized project management teams to improve capital efficiency.

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