Augean shares sparkle after trading update

The price of shares in AIM-listed waste management company Augean (LON:AUG) has climbed by 11.66% to 131.76p (as of 13:25 BST) after it said that full year results would be ahead of guidance. The company’s management said that trading performance had been extremely strong during the third quarter.

Landfill volumes for the year to date have been up by 20% across all waste types and pricing has risen by a similar percentage. The profitability of the company’s nuclear, treatment, and North Sea businesses has also improvement.