The waste management company reported revenue of £590.7 million, up from £577.7 million in 2024/25, up 2.3%, while operating profit increased to £152.8 million, compared with £140.2 million the previous year.
Profit before tax rose to £134.7 million, up from £90.9 million in 2024/25.
The group reported a £68.5 million statutory profit for the year, compared with a £69.2 million loss in 2024/25.
A spokesperson for Viridor commented: “Viridor delivered strong underlying operational performance in FY26, with revenue increasing to £591m.
“During the year, we continued to invest in our energy recovery portfolio and wider growth plans, while completing a significant refinancing that strengthens the business for the long term.
“We continue to focus on providing an essential service to our customers and communities, making the most of the resources we manage and generating energy from waste that cannot be recycled.”
The previous year’s result was significantly affected by a £124.9 million loss after tax from discontinued operations. In 2025/26, the loss from discontinued operations was £4.8 million.
The company said its UK mechanical recycling division had been subject to a strategic review during the year. Following the closure of Avonmouth Polymers in 2024/25, Viridor concluded the review with the closure and decommissioning of its Rochester materials recycling facility.
It said the decision followed “challenging market conditions” and extensive market testing, after which no viable sale of Rochester as a going concern was achieved.
Energy group performance
Viridor said the performance of its Energy Group, which has 11 operational ERFs, was driven by strong operational and commercial performance, and continued to deliver “good results.”
During the year, construction of the new Westfield ERF in Scotland was completed in June 2025.
The facility, a joint venture with Equitix, is Viridor’s 12th ERF and third in Scotland. Subsequent to the year end, the joint venture became a subsidiary of the group.
Viridor is also progressing its wider ERF development programme.
The Thameside ERF at Tilbury Docks reached financial close in November 2024, securing £378 million of project financing. Construction is progressing to schedule, with commercial operation targeted for 2028.
During the financial year, Viridor was also named preferred bidder for the Tees Valley ERF PPP project in north-east England.
The project is underpinned by waste from seven local authorities in the region. Viridor subsequently reached financial close in April 2026, with the plant expected to be commissioned in 2030.
Emissions Trading Scheme
Viridor also said it is progressing preparations for the introduction of the Emissions Trading Scheme (ETS) for the waste sector.
The company said it is working with government bodies and customers on implementation, adding that it would be “fully ready” for the scheme when it is introduced.
Viridor said it had installed Carbon-14 analysers across its ERF fleet as part of its work to determine the fossil and biogenic content of waste.
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