Pre-tax profits to exceed £16.5m for listed waste management firm

Wetherby-based waste management group Augean has reported a strong trading performance for the third quarter in an update released today.

The company said its 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.

The trading update added: “Results for the year to date have benefited 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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