Augean (AUG)

Business description

Augean manages hazardous waste through five divisions: Radioactive Waste Services (3% of group revenues), Energy & Construction (33%), Industry & Infrastructure (30%), Augean Integrated Services (13%) and Augean North Sea Services (21%).

Stock data

Market cap.£25.7m
Last close25.00p
High / Low (52 weeks)66.0p / 23.0p
Stock market listingLN
Forecast net debt (£m)13.5
Forecast gearing ratio (%)23
SectorIndustrial Support Services

Price performance

Relative *(5.3)(5.1)(55)

* % Relative to local index

Other companies in sector Show

Company news

ESA chairmanship uncertain as Augean chief resigns

Wed, 18 Oct 2017 14:57:04 GMT

Augean Shares Binned By Investors After Compacted Profit Guidance

Tue, 25 Jul 2017 09:33:45 GMT

Augean and Forth Ports partner to deliver waste plant

Mon, 14 Nov 2016 15:11:01 GMT

Augean Sinks To Annual Loss On Exceptional Costs, Suspends Dividend

Tue, 20 Mar 2018 13:48:42 GMT

Residents get chance to discuss plans to extend lifetime of Port Clarence ...

Fri, 15 Aug 2014 09:33:45 GMT

Investment summary

In October, AUG announced that Stewart Davies had resigned as CEO, by mutual consent, and had been replaced by Jim Meredith, who became executive chairman. Mr Meredith will focus on finding a resolution to the dispute with HMRC and maximising the cash return from the business. Also in October, AUG warned that FY17 and FY18 profits will be below previous expectations, mainly the result of continuing weakness in the soil market. To counter the tough trading, AUG announced additional cost reductions of £1.7m. The cost savings are expected to yield a full-year benefit in FY18. We updated our forecasts and, for now, our DPS forecasts remain unchanged, but AUG’s ability to pay will need to be assessed in light of any settlement with HMRC. Our DCF valuation, which does not include the cost of settling with HMRC, remains at 67p/share.

Last updated on 02/03/2018

Y/E Dec Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2015A 61.0 12.5 6.2 5.58 4.5 2.1
2016A 76.0 14.3 7.2 6.47 3.9 2.0
2017E 83.2 11.9 6.0 5.56 4.5 3.2
2018E 84.3 14.4 8.1 6.88 3.6 1.8

Last updated on 15/02/2018

Latest video

Executive Interview - Augean

Industry outlook

A growing trend towards treatment, recovery and recycling in the waste hierarchy supports Augean's specialist industry knowledge model.

Last updated on 02/03/2018

Key management

Dr Stewart Davies, CEO
Mark Fryer, FD

Company address

Unit 4,
Rudgate Court,
LS23 7BF
United Kingdom
+44 (0) 1937 844 980
View website