Emerging vertically integrated solid waste management company National Waste Management Holdings, Inc. (OTC: NWMH) this morning announced its financial results for the full year ended December 31, 2016. Among the highlights, the company’s revenues for the 12-month period totaled $6.3 million, marking a year-over-year increase of 161 percent. This strong revenue growth was fueled by NWMH’s aggressive acquisition-based growth strategy, which led to the acquisitions of both Northeast Data and Recycling, LLC and Sivart Services, LLC during the year ended December 31, 2016. “We executed a number of achievements throughout 2016, and are pleased to report the positive impacts of these initiatives in several respects,” Louis Paveglio, CEO of NWMH, stated in the news release. “Our significant increase in full-year revenues was driven by the performances of companies within our growing acquisition portfolio and subsequent vertical market reach. Additionally, we enjoyed the impact of a stronger economy, an expanded customer base, and an increase in construction activity in Florida — all of which also contributed to our top-line growth.”
To view the full press release, visit http://nnw.fm/qphB9
About National Waste Management Holdings Inc.
National Waste Management Holdings Inc. is a growing and emerging vertically integrated solid waste management company with a concentration on C&D collection, hauling and recycling. National Waste services Florida’s west coast and upstate New York and is a distinguished leader in solid waste services. More information may be found at the Company’s website: http://www.nationalwastemgmt.com.
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