“At this time last year, I was telling you that 2017 was arguably the best year we’ve seen. I’m pleased to report that 2018 results were even better,” said Waste Management CEO Jim Fish during the company’s fourth quarter earnings call. Operating EBITDA (described as the company’s preferred metric) grew by more than 5% to $4.27 billion — “in spite of the strongest recycling headwinds we’ve seen in over a decade” — and organic revenue growth in the company’s collection and disposal business was up 5.8% during Q4. All of these driving forces portend another seemingly profitable, and increasingly complex, year ahead. More>>
