Augean takes out the trash as profit increases by a third

18th Sep 2018 09:17

(Sharecast News) - Waste treatment and disposal firm Augean on Tuesday recorded a first half pre tax profit increase of over a third as the firm made "good progress" in its business optimisation programme.

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Augean profits rise after it dumps loss-making businesses

24th Jul 2018 15:46

(Sharecast News) - Specialist waste management business Augean saw its shares jump over 10% on Tuesday after reporting that first half profit was ahead of the previous year by over a third on a like-for-like basis.

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Augean expecting to toe the line in full-year results

23rd Jan 2017 15:55

(ShareCast News) - Specialist waste management business Augean posted an update on Monday, ahead of issuing its preliminary results for the year ended 31 December. The AIM-traded company confirmed that underlying profit before tax was expected to be in line with consensus market expectations. It sa

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Mark Fryer to take the finance reins at Augean

6th Dec 2016 08:18

(ShareCast News) - Specialist waste management business Augean announced the appointment of Mark Fryer to the board as group finance director on Tuesday, with effect from 14 December. The AIM-traded firm said Fryer brings a "significant breadth" of financial expertise across a broad range of both li

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Augean signs decommissioning deal with Forth Ports Dundee

14th Nov 2016 11:48

(ShareCast News) - Waste management business Augean said it had signed a deal with Forth Ports Dundee to establish a state of the art facility in Dundee for the management of waste arising from the decommissioning of offshore equipment. This facility would enhance the opportunity for Augean to servi

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Augean solidifies southern North Sea position with land purchase

23rd Feb 2016 15:16

(ShareCast News) - Augean's expansion into the southern North Sea was solidified on Tuesday, with the purchase of a new site in Great Yarmouth for its Augean North Sea Services (ANSS) arm. The AIM-traded specialist waste management business noted in a recent trading update that it had entered into a

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Augean posts strong full-year revenues and profits

24th Mar 2015 11:41

Waste management group Augean saw its shares jump on Tuesday after reporting strong full-year results across its five businesses. Revenues rose 26% to £55m while profits before tax increased 22% to £5.4m, driving earnings per share so rise from 3.29p to 4.13p. Despite strong performance across all

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Augean appoints new Finance Director

13th May 2014 14:19

Waste management group Augean announced it has appointed Northgate's Richard Laker as Finance Director. Laker, who is expected to assume the role in September, has held several senior finance roles since 2004. He is currently Finance Director at Northgate where he has overseen the delivery of signi

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Augean expresses confidence with 40 per cent dividend hike

25th Mar 2014 08:34

Waste disposal and treatment experts Augean is highly optimistic after completing its strategic restucturing and delivering sold results for 2013. The AIM-listed company, which on Monday completed the disposal of its underperforming Waste Network business, lifted revenues 11% to £47.1m, or 19% to

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Augean completes sale of Waste Network division

24th Mar 2014 13:14

Specialist waste management firm Augean on Monday said the sale of the rest of its Waste Network division had been completed. The group, which first announced the closure and proposed sale of the division in September 2013, has been selling it in parts and stopped operating at the start of the yea

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Augean renews and expands loan with HSBC

11th Mar 2014 08:00

UK waste management company Augean said it has renewed and extended its banking facilities with HSBC. The new loan will provide debt funding of up to £15m, compared to the £10m previously available. Augean's existing loan was due for renewal on March 2015 but the board agreed to bring forward the

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2013 profits 'in line' at waste management firm Augean

28th Jan 2014 08:04

Waste management group Augean has said that profits were in line with expectations in 2013 as it revealed that it had received a number of offers for its underperforming Waste Network division. N+1 Singer said that this implies adjusted profit before tax growth of around 20% year-on-year to £3.2m,

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Waste management firm Augean expects results at lower end of forecasts

28th Jan 2013 14:41

Augean's shares dropped Monday after the waste management firm said it expects full year results to be at the lower end of its revised forecast. The UK company pegged revenues at a range between £42m to £43m for the year. "Trading in the second half of the year delivered a satisfactory performa

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Augean loses Chief Executive

25th Sep 2012 13:44

Waste management speciaist Augean dropped on the news its Chief Executive was stepping down after five years in charge. It also reported that it did not expect significant growth in its core markets for the remainder of the year, but it would meet expectations. The firm said that CEO Paul Blackler

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Tidy full year profits at Augean

27th Mar 2012 08:07

Shares of Augean stormed ahead after the hazardous waste disposal specialist said it had increased profit and revenue marginally ahead of expectations in the last year. The Wetherby-headquartered company said pre-tax profit rose to £1.4m for the year ended 31 December 2011 from £0.5m in 2010 after

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