Augean (AUG)

Business description

Augean manages hazardous waste through five divisions: Radioactive Waste Services (3% of group revenues), Energy & Construction (37%), Industry & Infrastructure (21%), Augean Integrated Services (11%) and Augean North Sea Services (27%).

Stock data

Market cap.£55.5m
Last close54.00p
High / Low (52 weeks)66.0p / 46.2p
Stock market listingLN
Forecast net debt (£m)9.9
Forecast gearing ratio (%)7
TeamIndustrials
SectorIndustrial Support Services

Price performance

%1m3m12m
Actual(15)(15)16.8
Relative *(15)(13.9)7.5

* % Relative to local index

Other companies in sector Show

Company news

Augean and Forth Ports partner to deliver waste plant

Mon, 14 Nov 2016 15:11:01 GMT

Augean chief exec to take over as ESA chairman

Thu, 20 Oct 2016 11:02:29 GMT

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

Fri, 15 Aug 2014 09:32:03 GMT

Augean completes Colt acquisition

Thu, 19 May 2016 09:33:45 GMT

Strong results from hazardous waste site Augean at Port Clarence

Thu, 24 Mar 2016 14:31:25 GMT

Investment summary

Augean’s half-year trading update has highlighted a challenging contract issue, which is reducing group profitability and weighing on the company’s outlook. Management is taking decisive steps to offset the problem by instigating a £2m cost reduction programme. Despite the risk of further negative newsflow as contract negotiations near completion in September, we take some comfort from the fact that, despite Augean’s challenges, both our forecasts and management guidance still imply a y-o-y increase in profit before tax.

Last updated on 03/08/2017

Y/E Dec Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2015A 61.0 11.9 6.0 4.65 11.6 4.5
2016A 76.0 13.8 7.0 4.42 12.2 4.3
2017E 87.5 14.8 7.3 5.23 10.3 4.0
2018E 92.2 16.3 8.3 6.09 8.9 3.5

Last updated on 27/07/2017

Latest video

Executive Interview - Augean

Industry outlook

There is a growing trend towards treatment, recovery and recycling in the waste hierarchy, highlighted in the government's Strategy for Hazardous Waste Management. This increasingly more stringent environmental regulation supports Augean's specialist industry knowledge model and provides a platform for growth, in our view.

Last updated on 03/08/2017

Key management

Dr Stewart Davies, CEO
Mark Fryer, FD

Company address

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