Augean has reported substantial progress in FY2019 with adjusted PBT up by 68% to £19.2m. The statement highlights a strong start to trading in 2020 and a robust pipeline of activity that leaves the Board confident in Augean’s prospects for FY2020E. Net debt has risen materially to £17.8m after the payment of £40.4m (including accrued interest) to the HMRC in respect of disputed Landfill Tax assessments that continues to be robustly challenged by management. The HMRC p
26 Feb 2020
Positioned for further growth
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Positioned for further growth
- Published:
26 Feb 2020 -
Author:
Richard Hickinbotham -
Pages:
3
Augean has reported substantial progress in FY2019 with adjusted PBT up by 68% to £19.2m. The statement highlights a strong start to trading in 2020 and a robust pipeline of activity that leaves the Board confident in Augean’s prospects for FY2020E. Net debt has risen materially to £17.8m after the payment of £40.4m (including accrued interest) to the HMRC in respect of disputed Landfill Tax assessments that continues to be robustly challenged by management. The HMRC p