Casella Waste Systems expects $9M charge for Southbridge Landfill post-closure permit

CASELLA WASTE SYSTEMS INC

Massachusetts DEP issued final closure permit for Southbridge Landfill on Aug 15, 2024, requiring expanded post-closure conditions.
Company will record ~$9.0M charge in Q3 2024 to revise the accrued post-closure liability.
Charge will be excluded from Adjusted EBITDA and Adjusted Net Income per historical practice.
Additional charges possible if permit conditions are modified in the future.

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