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Augean Plc (AUG)

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Wednesday 16 October, 2019

Augean Plc

Trading update

RNS Number : 9924P
Augean Plc
16 October 2019
 

16th October 2019

 

Augean plc

("Augean" or "the Group")

Trading update

Augean, one of the UK's leading specialist waste management businesses, provides the following trading update. Due to a strong Group trading performance in the third quarter, the Group's profit for the year to 31 December 2019 is expected to be materially ahead of current published consensus market expectations of 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.

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This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation.

  

Enquiries:

 

Augean plc

Jim Meredith, Executive Chairman

Mark Fryer, Group Finance Director

 

01937 844 980

N+1 Singer

Shaun Dobson

Peter Steel

Rachel Hayes 

020 7496 3000

 

 


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