Augean lifts profit expectations amid solid trading
Augean
371.00p
16:59 20/10/21
Specialist waste management company Augean updated the market on its trading on Wednesday, reporting that due to a strong group performance in the third quarter, its profit for the year to 31 December is now expected to be materially ahead of current published consensus market expectations.
FTSE AIM All-Share
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17:08 19/04/24
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10,465.25
17:10 19/04/24
The AIM-traded firm said those expectations were for an adjusted profit before tax of £16.5m.
“Results for the year to date have benefitted from a 20% increase in landfill volumes across all waste types, improved landfill pricing by a further 20%, increased radioactive waste profit and a good performance by both the treatment and North Sea businesses,” the Augean board said in its brief statement.