Augean Plc Trading update (9627C)

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 [e-mail] or visit www.rns.com.

END

TSTBCGDLBBDBGCG

(END) Dow Jones Newswires

June 21, 2019 02:00 ET (06:00 GMT)