Augean Plc Trading update (9627C)
21 June 2019 - 4:00PM
UK Regulatory
TIDMAUG
RNS Number : 9627C
Augean Plc
21 June 2019
21 June 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 stronger
Group trading performance in the second quarter, the Group's profit
for the year to 31 December 2019 is expected to be ahead of market
expectations. Results have benefitted from higher landfill volumes
across most waste types, increased radioactive waste profit and
good performance of both the treatment and North Sea businesses.
Further improved trading results has also led to increased net cash
in bank which is currently c. GBP20.0 million.
The Group expects to announce its Interim Results for the six
months ended 30 June 2019 on Wednesday 17(th) July.
- Ends -
This announcement contains inside information.
Enquiries:
Augean plc
Jim Meredith, Executive Chairman
Mark Fryer, Group Finance Director 01937 844 980
N+1 Singer
Shaun Dobson
Jen Boorer 020 7496 3000
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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