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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. Both of our operating divisions achieved their targets, with notable performances in our I&C and Recycling segments,' the company said. 'As a result of the sustained progress, and despite the uncertain political and economic environment, our full year expectations remain unchanged,' it added.
At 8:54am: (LON:BIFF) Biffa Plc share price was +0.75p at 250.75p