Waste management firm’s shares drop following profit warning
Shares in Wetherby-based Augean have plunged more than 11% after the company issued a profit warning for this year and next.
The company’s share price is trading at 24p, down 11.93%, after the business blamed “continued weak trading performance” and the impact of an HMRC investigation for the profit warning this morning.
Augean also announced the resignation of its chief executive.
Stewart Davies resigned from his position as CEO with immediate effect, as the Wetherby company said the impact of an HMRC investigation on... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
