Waste Connections Inc (TSX:WCN)
C$ 261.97 -1.27 (-0.48%) Market Cap: 67.61 Bil Enterprise Value: 79.47 Bil PE Ratio: 50.78 PB Ratio: 5.77 GF Score: 93/100

Q2 2020 Waste Connections Inc Earnings Call Transcript

Aug 07, 2020 / 12:30PM GMT
Release Date Price: C$136.45 (-0.55%)
Operator

Greetings, and welcome to the Waste Connections Second Quarter 2020 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded, Friday, August 7, 2020.

I would now like to turn the conference over to Worthing Jackman, President and CEO. Please go ahead.

Worthing F. Jackman
Waste Connections, Inc. - President, CEO & Director

Thank you, operator, and good morning. I'd like to welcome everyone to this conference call to discuss our second quarter results, the current operating environment and our outlook for Q3 and the full year. I'm joined this morning by Mary Anne Whitney, our CFO.

As noted in our earnings release, strong operational execution and continued recovery in solid waste volumes drove better-than-expected results in the second quarter. Adjusted EBITDA margin for solid waste collection, transfer and disposal expanded year-over-year in spite of significant COVID-19-related costs incurred in the quarter. In fact, the reported year-over-year margin decline in the period was entirely

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