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16 Oct 2019 07:00
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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