2nd Oct 2006 07:01
Shanks Group PLC02 October 2006 2 October 2006 Company announcement Pre Close Trading Statement Shanks Group plc, a leading European waste management company today issues thefollowing trading statement. Overall results for the first six months of the 2006/7 year are forecast to bein line with the Group's expectations giving confidence for the year as a whole. Initial results from the recent acquisitions of Smink Beheer BV in TheNetherlands and the waste management and recycling activities of John W Hannay &Co Limited in the UK are encouraging with performances at least in line with theacquisition plans. Commissioning of the first of two innovative Mechanical Biological Treatment(MBT) facilities at our East London Waste Authority (ELWA) contract is nearingcompletion substantially according to plan. Progress on the second facility andthe Dumfries and Galloway PFI project facility is in line with or, in someareas, slightly ahead of schedule. There has been strong interest in the solid recovered fuel generated by the MBTprocess and production quantities are now being delivered. The Group's interim results for the six months to 30 September 2006 will beannounced on Wednesday 8 November 2006. Ends For further information contact: Michael Averill, Group Chief ExecutiveFraser Welham, Group Finance DirectorShanks Group plcTelephone +44 (0) 1628 554920 Or Ginny PulbrookCitigate Dewe RogersonTelephone +44 (0) 20 7282 2945 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Renewi Plc