Augean has given a positive update on trading and materially increased its guidance for FY19. This follows strong performances from its businesses in Q1 and good continuing momentum. Progress has been broadly based, with good profit growth from both Treatment & Disposal and North Sea Services. We increased our PBT estimates by 4-6% in March, while highlighting that further significant upgrades could be in order if trading were to remain buoyant. Today we have increased our PBT estimates by 15% f ....
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Forecasts increased by 15% on strong trading
- Published:
01 May 2019 -
Author:
Jo Reedman -
Pages:
3
Augean has given a positive update on trading and materially increased its guidance for FY19. This follows strong performances from its businesses in Q1 and good continuing momentum. Progress has been broadly based, with good profit growth from both Treatment & Disposal and North Sea Services. We increased our PBT estimates by 4-6% in March, while highlighting that further significant upgrades could be in order if trading were to remain buoyant. Today we have increased our PBT estimates by 15% f ....