LONDON (Alliance News) - Waste management company Augean PLC on Thursday said trading so far in 2016 has been in line with its expectations.
Chairman Jim Meredith, in a statement to the group's annual general meeting, said trading was in line and said the acquisition of Colt Holdings Ltd, the Hull-based industrial services provider the group bought in May, will boost Augean's service offering.
"With a highly skilled and specialised work force, the acquisition provides significant opportunity to cross sell our services and bring new and valued clients to our business. This is an important development for the group as we build on our successful organic growth and strategy to grow shareholder value," he said.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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