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GFL rises on FY revenue forecast lift, reviews take-private bids

By Reuters News

** US-listed shares of Canadian waste management firm GFL Environmental GFL.TO rise 3.7% to $45.20 in extended trading

** Company expects FY 2026 revenue to be about C$8.06 billion ($5.75 billion) to C$8.08 billion versus prior forecast of about C$7.51 billion to C$7.53 billion

** Expects FY adjusted EBITDA margin to be about 30.9%, up 40 bps versus prior forecast despite incremental impacts from higher diesel prices

** GFL forms special committee to review unsolicited inbound proposals to take it private, provides interested parties with final deadline of November 9 to deliver updated bids — CEO Patrick Dovigi

** Company posts adjusted profit per share of C$0.26, a rise from C$0.23 apiece a year ago

** As of Tuesday's close, stock up 5% YTD


($1 = 1.3991 Canadian dollars)

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