21 November 2018 – trading update
The specialist waste management business has issued a positive trading update with strong trading in the second half of the year meaning that adjusted pre-tax profits for the year to 31 December will be materially ahead of market expectations. In addition, and as expected, the group has also moved to a cash positive position with all bank debt repaid. The group has also agreed to sell a property in Hull for £1.3m with no profit or loss on sale with completion expected on 20 December. With no further update on the recent HMRC demands the shares remain a HOLD.