Report

Flash note: Insight into strategy

Augean’s recent capital markets day (CMD) provided access to divisional management and insight into each of the five business units. It also highlighted the growth opportunities at each of these divisions, driven by tougher environmental regulation, transition to a broad set of higher-quality customers and through sector consolidation. With another opportunity to showcase the 180bp improvement in returns, taking the group ROCE to 10% at H114, it is evident that the company’s strategy is starting to deliver results.
Underlying
Augean PLC

Augean is engaged in waste management businesses. Co.'s business units are: Energy & Construction, which disposes air pollution control residues, asbestos and other contaminated waste materials and soils; Radioactive Waste Services, which treats and disposes low level radioactive waste; Industry & Infrastructure, which is engaged in the recovery and recycling of oil and solvents and the generation of secondary liquid and solid fuels from waste; Augean Integrated Services, which provides total waste management; and Augean North Sea Services, which provides drilling waste management, production waste management, onshore & marine industrial services, decommissioning and water treatment.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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