30th Sep 2005 11:15
Shanks Group PLC30 September 2005 30 September 2005Company AnnouncementShanks Group plc Pre Close Trading Statement Shanks Group plc, a leading European waste management company today issues thefollowing pre-close statement. Following the Annual General Meeting on 28th July when the Group issued apositive statement, highlighting the continued strategic focus on the highertechnology end of the waste treatment industry, Shanks confirms today thatoverall results for the first six months of the 2005/6 year are forecast to bein line with Group expectations. The UK business, which following restructuring, delivered a major turnaroundduring 2004, continues to make solid progress and we expect another robustperformance in the Benelux operations. The PFI waste management contracts at East London Waste Authority, Dumfries &Galloway and Argyll & Bute are progressing to plan. The construction of themechanical biological treatment plant at Frog Island for East London WasteAuthority is on schedule. A further announcement will be made in mid October covering the effect of thechange to IFRS on Shanks together with the associated restatement of the resultsfor the 2004/5 year. The Group's interim results for the six months to 30 September 2005, will beannounced on Thursday 3rd November, 2005. EndsFor further information contact:Michael Averill, Group Chief ExecutiveFraser Welham, Group Finance DirectorShanks Group plc, telephone +44 (0)1628 524523 www.shanks.co.uk Ginny Pulbrook, Executive DirectorCDR, telephone +44 (0) 207 282 2945 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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