Allied Waste Industries, Inc announced financial results for the fourth quarter of 1999, the company's first full quarter of operation as a combined enterprise since the completion of its acquisition of Browning-Ferris Industries, Inc. The company reported revenues of about $1.4 billion and EBITDA of $465.7 million, adjusted for acquisition-related and unusual
Allied Waste said its business continues to be strong and the integration of the BFI operations is going well.
Adjusted net income available to common shareholders was $34.1 million on revenues of $1.384 billion.
During the fourth quarter, Allied Waste acquired tuck-in solid waste operations totaling approximately $2 million in gross annual revenues for total consideration of approximately $4 million. During 1999, excluding the BFI acquisition and asset swaps, the company acquired approximately $227 million in gross annual revenues.
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