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Cleanaway CEO says waste ultra-resilient to downturn

Simon Evans
Simon EvansSenior reporter
Updated

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Cleanaway Waste Management chief executive Vik Bansal says the group has some of the most attractive defensive fundamentals for investors in any ASX company if the Australian economy keeps slowing.

Mr Bansal said the many long-term rubbish-collection contracts it has with local councils and the size and scale of its operations mean it is very resilient to any economic downturn.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/business/environmental-services/cleanaway-ceo-says-waste-ultraresilient-to-downturn-20190213-h1b82k