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Augean expects profits 'materially ahead' of expectations following strong Q3 performance

By BFN News | 08:39 AM | Wednesday 16 October, 2019

Waste management businesses Augean said it expected profit to be 'materially ahead' of market expectations following 'strong' performance in the third quarter. Following 'strong' trading performance in the third quarter, profit for the year to 31 December 2019 was expected to be materially ahead of current published consensus market expectations of an adjusted profit before tax of £16.5m, the company said. Results for the year to date had 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 company added. At 8:39am: (LON:AUG) Augean PLC share price was +13.5p at 131.5p Story provided by

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