Allied Waste Industries, Inc.

Stock Symbol: AW

15880 N. Greenway-Hayden Loop Suite 100
Scottsdale, AZ 85260
480-627-2700 (phone)
480-627-2701 (fax)
Website: Allied Waste

Industry: Waste Management Services

Index Membership: S&P 500; S&P 1500 Super Comp

Allied Waste Industries, Inc. Description:
Allied Waste Industries, Inc., a leading waste services company, provides collection, recycling and disposal services to residential, commercial and industrial customers in the United States. As of March 31, 2007, the Company operated a network of 300 collection companies, 164 transfer stations, 169 active landfills and 53 recycling facilities in 37 states and Puerto Rico. Allied Waste Industries employs over 23,000 people

Allied Waste Industries, Inc. Financial Summary:
Oct. 31 Allied Waste Industries, Inc. reported financial results for its third quarter and nine-months ended September 30, 2007. Total revenue for the third quarter was $1.56 billion, an increase of $31.2 million, or 2.0%, over $1.53 billion for the third quarter 2006. The increase in revenue resulted from a 5.6% increase in same store average unit prices driven by the Company's programs to improve returns on invested capital. High prices for the period were partially offset by a 3.7% decrease in same-store volumes related primarily to a slowdown in the Company's economy-sensitive lines of business including roll-off, construction and special waste.

For the quarter, income from continuing operations was $66.9 million, or $0.15 per share, inclusive of a loss on divestitures and asset impairments of $39.0 million, or $0.07 per share. Reported third quarter results also include expenses of $13.3 million, or $0.02 per share, associated with debt redemption costs. Prior year third quarter income from continuing operations was $70.6 million, or $0.17 per share, which included a loss on divestitures and asset impairment of $14.5 million, or $0.02 per share.

Allied Waste Industries, Inc. Business Summary:
Allied Waste Industries, Inc. is a non-hazardous solid waste management company in the United States. The Company provides collection, transfer, recycling and disposal services for approximately 10 million residential, commercial and industrial customers. The Company serves its customers through a network of 314 collection companies, 165 transfer stations, 166 active landfills and 58 recycling facilities in 122 major markets within 37 states. The Company operates only in the United States and Puerto Rico. The Company operates as a vertically integrated company, which entails picking up waste from businesses and residences and disposing of that waste in its own landfills to the extent that it is economically beneficial. Allied Waste Industries was founded in 1987 and is based in Phoenix, Arizona.