Augean (AUG)

Augean AUG Logo

One of the UK’s leading specialist waste management businesses.

16-Oct-2017 – 27.25p – £28m

Trading Update – This doesn’t sound positive – “The impact of the HMRC assessment, which the board believes will not be resolved imminently, as well as a continued weaker trading performance, is expected to lead to full year profit being below the level of 2016 with 2018 also expected to be lower than previous expectations”.

I would be concerned that this company may not even be around in 2018!

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