WM — Apr 28, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-040282
Showing in the filing
Targeted synergies
“$80 to $100 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 2
Targeted synergies for FY2025
“$80 to $100 million”
WM Healthcare Solutions targeted synergies for FY2025
“$80 to $100 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company’s Recycling Processing and
Sales and WM Renewable Energy businesses together contributed $18 million to operating EBITDA growth, primarily due to sustainability
growth projects.
· WM Healthcare Solutions contributed $95 million of adjusted operating EBITDA, in line with expectations. (a) The
Company is on track to achieve its targeted synergies of $80 to $100 million in 2025.
Revenue
First Quarter 2025 ($ in millions)
First Quarter 2024 ($ in millions)
Amount
Growth
Amount
Growth
WM Legacy Business (d)
$ 5,399
4.7 %
$ 5,159
5.5 %
WM Healthcare Solutions
619
N/A
-
-
Total Company
$ 6,018
16.7 %
$ 5,159
5.5 %
· Revenue growth of 4.7% in the WM Legacy Business was driven by core price of 6.5% and Collection and Disposal
yield of 4.0% as the Company continues its focus on maximizing customer lifetime value. (e)
· Workday adjusted volumes in the Collection and Disposal business were flat in the quarter with growth
in landfill volumes offset by the Company’s strategic exit from low-margin residential collection business.
· Volume was negatively impacted by 30 basis points from winter weather events in the Company's Eastern
Tier.
Operating Expenses
First Quarter 2025 ($ in millions)
First Quarter 2024 ($ in millions)
Total Company
Breakout
As
Adjusted (a)
Total Company
Breakout
As
Adj
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.