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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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16 Mar 2018 16:30

Augean Sells Waste Management Brokerage Unit For GBP4 Million

LONDON (Alliance News) - Waste management company Augean PLC said Friday that it has sold waste management brokerage unit AIS Ltd for a total consideration of GBP3.8 to

16 Mar 2018 14:50

Augean Sells Off Waste Management Broker AIS For GBP3.8 Million

LONDON (Alliance News) - Waste management business Augean PLC said on Friday it has sold waste management broker AIS Ltd to Regen Devco Ltd for GBP3.8 Devco will make a

23 Jan 2017 15:55

Augean expecting to toe the line in full-year results

(ShareCast News) - Specialist waste management business Augean posted an update on Monday, ahead of issuing its preliminary results for the year ended 31 December. The AIM-traded company confirmed that underlying profit before tax was expected to be in line with consensus market expectations. It sa

6 Dec 2016 08:18

Mark Fryer to take the finance reins at Augean

(ShareCast News) - Specialist waste management business Augean announced the appointment of Mark Fryer to the board as group finance director on Tuesday, with effect from 14 December. The AIM-traded firm said Fryer brings a "significant breadth" of financial expertise across a broad range of both li

14 Nov 2016 11:48

Augean signs decommissioning deal with Forth Ports Dundee

(ShareCast News) - Waste management business Augean said it had signed a deal with Forth Ports Dundee to establish a state of the art facility in Dundee for the management of waste arising from the decommissioning of offshore equipment. This facility would enhance the opportunity for Augean to servi

21 Jul 2016 08:33

Augean Affirms Expectations After Mixed Divisional Interim Trading

13 Jul 2016 12:19

Augean Settles Dispute With Customer For GBP1.1 Million

2 Jun 2016 06:58

Augean Says Trading In Line As It Highlights Colt Holdings Acquisition

26 May 2016 15:08

UK Shareholder Meetings Calendar - Next 7 Days

19 May 2016 08:24

Augean Buys Hull-Based Industrial Services Firm Colt Holdings

20 Apr 2016 07:22

Augean Snaps Up Air Pollution Control Residue Contracts

22 Mar 2016 09:21

Augean Profit And Revenue Rise Amid Confidence In 2016 Outlook

15 Mar 2016 16:15

Earnings, Trading Statements Calendar - Week Ahead

23 Feb 2016 15:16

Augean solidifies southern North Sea position with land purchase

(ShareCast News) - Augean's expansion into the southern North Sea was solidified on Tuesday, with the purchase of a new site in Great Yarmouth for its Augean North Sea Services (ANSS) arm. The AIM-traded specialist waste management business noted in a recent trading update that it had entered into a

23 Feb 2016 09:14

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AUG.L Share News (AUG)

Augean to meet upgraded forecasts thanks to strong second half

Augean Sells Waste Management Brokerage Unit For GBP4 Million

Augean Sells Off Waste Management Broker AIS For GBP3.8 Million

Augean expecting to toe the line in full-year results

Mark Fryer to take the finance reins at Augean

Augean signs decommissioning deal with Forth Ports Dundee

Augean Affirms Expectations After Mixed Divisional Interim Trading

Augean Settles Dispute With Customer For GBP1.1 Million

Augean Says Trading In Line As It Highlights Colt Holdings Acquisition

UK Shareholder Meetings Calendar - Next 7 Days

Augean Buys Hull-Based Industrial Services Firm Colt Holdings

Augean Snaps Up Air Pollution Control Residue Contracts

Augean Profit And Revenue Rise Amid Confidence In 2016 Outlook

Earnings, Trading Statements Calendar - Week Ahead

Augean solidifies southern North Sea position with land purchase

Augean Buys New Site In Great Yarmouth After Winning North Sea Deal

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