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Covanta Holding Corp

 
Hoover's Profile: Covanta Holding Corporation
(NYSE:CVA)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Covanta Holding Corporation
40 Lane Rd.
Fairfield, NJ 07004
NJ Tel. 973-882-9000
Fax 973-882-7076

Type: Public
On the web: http://www.covantaholding.com
Employees: 3,700
Employee growth: 5.7%

Covanta Holding has seen the light: waste can result in power. Led by Covanta Energy), the company is a leader in the waste to energy market. Covanta Holding owns or operates 60 energy generation facilities (50 in the US) which use municipal solid waste and biomass, as well as fossil fuels and hydroelectric sources, to generate power. Related business include four landfills, and waste and biomass procurement business programs. Internationally, Covanta Holding also is engaged in independent power production, and it operates an insurance business in California. Chairman Samuel Zell holds about 10% in the company through his SZ Investments unit.

Key numbers for fiscal year ending December, 2008:
Sales: $1,664.3M
One year growth: 16.1%
Net income: $139.3M
Income growth: 6.7%

Officers:
Chairman: Samuel (Sam) Zell
President, CEO, and Director: Anthony J. (Tony) Orlando
EVP and COO: John M. Klett

Competitors:
Environmental Power
Panda Energy
Waste Management

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