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09 Jan 2019 | 08:04

Augean expects results to meet market expectations

Waste management businesses Augean said Wednesday it expected full-year results to meet previously upgraded market expectations as 'strong' momentum had continued in the second half of the year.

Year-end net cash at £8.2m, from a debt £10.8m a year earlier, topped market expectations, owing to a 'stronger trading performance than expected in the later weeks of the year and favourable timing differences,' the company said.

The group's preliminary results for the year ended 31 December 2018 were expected to be announced on 26 February 2019.

At 8:04am: (LON:AUG) Augean PLC share price was +1.5p at 71.5p

Story provided by StockMarketWire.com
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