ENVIRI Corp

Enviri Corporation announced that its Harsco Rail division has exited two engineered-to-order (ETO) contracts with Deutsche Bahn (DB) and Network Rail (NR) to eliminate future performance risk and financial volatility. Harsco Rail Europe sold related assets and intellectual property to Gleisbaumechanik Brandenburg GmbH (GBM) for the DB contract. Harsco Rail Limited ceased manufacturing for NR and proposed an alternative solution to extend the life of NR's existing stoneblower fleet. These actions will result in a noncash impairment asset charge of approximately $75 million and an incremental liability of approximately $133 million.

Enviri Corporation announced it will release its second quarter 2026 earnings results on Tuesday, August 11, prior to the NYSE market open. The company will also host its quarterly conference call and webcast on the same day, beginning at 9:00 am Eastern Time. Investors can access the webcast via the company's website or join the live call using provided dial-in details.

Enviri Corporation announced the completion of a series of transactions on June 1, 2026, including a Holding Company Merger, a Reorganization, and a Merger with Veolia Environnement S.A. These transactions effectively split Enviri into two entities: one holding the 'Clean Earth' business under Veolia's ownership, and another, New Enviri, which is a separate publicly traded company holding the 'New Enviri Business' (formerly Enviri's Harsco Environmental and Rail businesses). New Enviri Common Stock is set to begin trading on the NYSE under the symbol 'NVRI' on June 2, 2026. As part of the completion, Enviri also repaid its Receivables Purchase Agreement and redeemed its outstanding senior notes.

New Enviri Corporation announced the completion of its spin-off as a standalone publicly traded company, immediately prior to the sale of Clean Earth to Veolia Environnement SA. Enviri shareholders will receive one share of New Enviri common stock for every three shares of Enviri common stock and $15.00 per share in cash. New Enviri, led by Russell Hochman, will begin "Regular Way" trading on June 2, 2026, under the ticker "NVRI" and is projected to have annualized 2026 pro forma revenues of approximately $1.2 billion and Adjusted EBITDA of $140 million.

Enviri Corporation announced the expected completion of the sale of its Clean Earth segment and the spin-off of its Harsco Environmental and Harsco Rail segments into a new publicly traded company, "New Enviri," both scheduled for June 1, 2026. Enviri stockholders are set to receive $15.00 per share from the Clean Earth sale, after accounting for debt repayment and transaction costs. Additionally, stockholders will receive one share of New Enviri common stock for every three shares of Enviri common stock, with "When Issued" trading for New Enviri beginning May 27, 2026, and "Regular Way" trading on June 2, 2026.

Enviri Corporation announced the expected completion of the sale of Clean Earth to Veolia Environnement S.A. and the spin-off of Harsco Environmental and Rail into a new standalone public company, Enviri II Corporation ("New Enviri"), on June 1, 2026. Enviri stockholders will receive a cash payout of $15.00 per share and one share of New Enviri common stock for every three shares of Enviri common stock. New Enviri's "When Issued" trading is set to begin on May 27, 2026, with "Regular Way" trading starting June 2, 2026, under the new name "Enviri Corporation" and ticker "NVRI".

ENVIRI Corporation reported a net loss attributable to the company of $(10.67) million for the first quarter of 2026, an increase from the $(9.01) million net loss in the prior year, despite a slight increase in total revenues to $549.80 million. Operating income from continuing operations saw a significant decline. The company also revised previously issued financial statements due to errors related to defined benefit pension obligations and amended its Senior Secured Credit Facilities covenants, partly in anticipation of the planned sale of its Clean Earth segment.

Enviri Corporation reported first quarter 2026 results with revenues of $550 million, a slight increase from the prior year. The company posted a GAAP consolidated loss from continuing operations of $8 million and a diluted loss per share of $0.12, though adjusted diluted earnings per share were $0.10. Adjusted EBITDA declined to $65 million. Enviri reaffirmed its outlook for Harsco Environmental and Harsco Rail and remains on track to complete the sale of Clean Earth and the spin-off of Harsco Environmental and Harsco Rail by June 1, 2026.

Enviri Corporation reported Q1 2026 results, with adjusted diluted EPS of $0.10, a significant improvement from a loss of $0.11 in Q1 2025. The company remains on track to complete the sale of Clean Earth and the spin-off of Harsco Environmental and Harsco Rail (New Enviri) by June 1, 2026. Revenues were $550 million, similar to the prior year, while GAAP consolidated loss from continuing operations increased to $8 million. Enviri reaffirmed its 2026 Adjusted EBITDA outlook for the future New Enviri businesses.

SteelPhalt, a business within Enviri's Harsco Environmental, announced the launch of its environmental product declaration (EPD) tool and the verification of its process under the International EPD System. This tool provides transparent, quantified environmental impact data for SteelPhalt's high-performance steel-slag asphalt, which helps reduce the carbon footprint of road laying. The certified EPD process ensures adherence to strict guidelines and is subject to annual audits, reinforcing the company's commitment to sustainable solutions.