Augean has given a good period end trading update, guiding to a strong H1 2015 performance with underlying PBT in line with expectations. Of its five divisions, one beat management’s expectations, offsetting another which had a weaker H1, while the other three performed in line. Notably it was the North Sea Service business which was the strongest performer (despite the volatile industry backdrop) due to its widening service offering, while new contract wins bode well for H2. We have made no cha ....
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Strong H1 performance, in line with expectations
- Published:
21 Jul 2015 -
Author:
Jo Reedman -
Pages:
4
Augean has given a good period end trading update, guiding to a strong H1 2015 performance with underlying PBT in line with expectations. Of its five divisions, one beat management’s expectations, offsetting another which had a weaker H1, while the other three performed in line. Notably it was the North Sea Service business which was the strongest performer (despite the volatile industry backdrop) due to its widening service offering, while new contract wins bode well for H2. We have made no cha ....