19 Sep 2014 05:25
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Don't have an account? Click here to register.Augean to meet upgraded forecasts thanks to strong second half
Wed, 09th Jan 2019 14:53
(Sharecast News) - Specialist waste management company Augean updated the market on its trading for the year ended 31 December on Wednesday, reporting that as a result of continuing strong trading through the second half, it expected to be in line with previously-upgraded market expectations for the full year.The AIM-traded firm said it completed the year with higher net cash than market expectations, due to a stronger trading performance than expected in the later weeks of the year, and favourable timing differences, at £8.2m, swinging from net debt of £10.8m at the end of 2017.It also announced that Roderick Holdsworth, non-executive director and chairman of the audit committee, had retired from the board after almost three years of service."Rod has been instrumental in setting the standard for and ensuring the efficiency of our audit committee during his term," the Augean directors said in their statement."The board have greatly valued Rod's advice and guidance and we would like to thank him for his input and support whilst serving the board."As a result of this change, John Grant will take on the role of chairman of the audit committee and Roger McDowell will take over as chairman of the remuneration committee."Augean said its preliminary results for the year ended 31 December were expected to be announced on 26 February.
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Augean Trades In Line With Plans, Says Poor Weather Hit North Sea Operations
LONDON (Alliance News) - Augean PLC said Thursday that it is trading in line with its plan for the year, despite seeing a slow start in its North Sea operations as adverse weather conditions reduced offshore drilling activity. In a statement released ahead of its annual general meeting Thur
Read more19 May 2014 11:32
Augean Buys Assets, Land At East Kent Waste Facility
LONDON (Alliance News) - Augean PLC said Monday it has bought the assets and surrounding land at its East Kent Waste Recovery Facility from the landlord of Discovery Park Ltd in a GBP1.5 million cash deal. The specialist waste management business said the purchase of the East Kent Waste Rec
Read more13 May 2014 14:19
Augean appoints new Finance Director
Waste management group Augean announced it has appointed Northgate's Richard Laker as Finance Director. Laker, who is expected to assume the role in September, has held several senior finance roles since 2004. He is currently Finance Director at Northgate where he has overseen the delivery of signi
Read more13 May 2014 08:02
Augean Appoints Finance DIrector
LONDON (Alliance News) - Augean PLC said Tuesday it has appointed Richard Laker as Group Finance Director. Laker joins from Northgate PLC where he has held a number of senior finance roles since 2004, including Group Financial Controller and, most recently, UK Finance Director since May 201
Read more25 Mar 2014 12:37
Augean Boosts Dividend As Revenue Rises
LONDON (Alliance News) - Augean PLC said Tuesday revenue and pretax profit for the full-year rose as performances in its continuing operations improved, driven by growth in its key markets, amid number of operational and strategic changes. The specialist waste management said revenue rose
Read more