Augean reports signs of recovery

However, the Wetherby-based company said the bad winter weather had slowed down the rate of recovery. In the year to December 31 2010, the company’s revenue, including landfill tax was £34.1m, an increase on the £31.5m recorded the year before.

The adjusted operating profit was £800,000, which was lower than the £2.3m recorded in 2009.

The company said it had enjoyed a positive start to trading in 2011.

Paul Blackler, the company’s chief executive, said: “Results for the year were slightly ahead of expectation despite a number of trading challenges we faced due to reduced movements of waste during two periods of extremely adverse weather conditions.

“With our key markets showing continued signs of recovery we are well positioned to pursue growth in our core business coupled with a focus on delivering the strategic opportunities available to the group. The board therefore remains cautiously optimistic about the future trading environment.”