Augean (AUG)

Sector:

Support

Index:

FTSE AIM All-Share

 371.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 375.00
  • 52 Week Low: 170.00
  • Currency: UK Pounds
  • Shares Issued: 104.97m
  • Volume: 320,343
  • Market Cap: £389.97m
  • RiskGrade: 221

Augean trading recovers 'strongly' in H2

By Iain Gilbert

Date: Monday 18 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Waste management businesses Augean said on Monday that trading had recovered "strongly" in the second half of the year, with the group now expecting 2020 full-year adjusted pre-tax profits to at least be in line with the prior year.
However, despite the second-half recovery in revenue, Augean made further rationalisations to the cost base within its North Sea business in order to reflect anticipated forward trading conditions and now expects to impair its North Sea asset values by approximately £3.0m within its 2020 results, which will be shown as an exceptional item in the group's accounts.

The AIM-listed group stated that during 2020 and early 2021, it had contracted or had secured commitments to contract incremental ash contracts for six Energy from Waste facilities, four of which were for operational facilities and two for proposed new facilities, delivering a total annualised revenue of around £6.0m.

Augean highlighted that it ended the year with net cash, excluding lease liabilities, of £6.4m, having deferred £3.5m of 2020 value added tax payments until March 2021, and based on its expected performance, should return to dividend payment during 2021.

As of 0910 GMT, Augean shares were up 9.31% at 204.95p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Augean Market Data

Currency UK Pounds
Share Price 371.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 375.00
52 Week Low 170.00
Volume 320,343
Shares Issued 104.97m
Market Cap £389.97m
RiskGrade 221

Augean Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
41.59% below the market average41.59% below the market average41.59% below the market average41.59% below the market average41.59% below the market average
28.71% below the sector average28.71% below the sector average28.71% below the sector average28.71% below the sector average28.71% below the sector average
Price Trend
96.73% above the market average96.73% above the market average96.73% above the market average96.73% above the market average96.73% above the market average
94.69% above the sector average94.69% above the sector average94.69% above the sector average94.69% above the sector average94.69% above the sector average
Income
49.77% below the market average49.77% below the market average49.77% below the market average49.77% below the market average49.77% below the market average
17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average
Growth
63.90% above the market average63.90% above the market average63.90% above the market average63.90% above the market average63.90% above the market average
64.49% above the sector average64.49% above the sector average64.49% above the sector average64.49% above the sector average64.49% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Augean Dividends

  Latest Previous
  Final Final
Ex-Div 15-Jun-17 02-Jun-16
Paid 29-Jun-17 10-Jun-16
Amount 1.00p 0.65p

Trades for 24-Sep-2021

Time Volume / Share Price
16:36 25,000 @ 370.00p
15:43 22,000 @ 370.00p
16:40 25,000 @ 370.00p
15:28 7,500 @ 369.05p
16:23 3,800 @ 375.00p

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