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Biffa profit rises on strong performance in I&C and recycling businesses

Wed, 13th Nov 2019

Biffa reported a rise in half-yearly profit as revenue grew 8.3%, led by strong growth in its industrial and commercial segment as well as its recycling business. For the 26 weeks ended 27 September 2019, pre-tax profit rose to £25.6m from £23.7m on-year and revenue was up 8.3% to £594.6m. 'Biffa has delivered a strong performance in the first half of the year,' the company said. ''As a result of the sustained progress, and despite the uncertain political and economic environment, our full year expectations remain unchanged.' At 8:54am: (LON:BIFF) Biffa Plc share price was +0.75p at 250.75p Story provided by StockMarketWire.com

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