Con­tracts boost per­for­mance

The Peterborough Evening Telegraph - - BUSINESS TELEGRAPH -

Haz­ardous waste spe­cial­ists Augean say per­for­mance at the firm’s Kings Cliffe plant has been lifted by two ma­jor con­tract suc­cesses.

The East Northants Re­source Man­age­ment Fa­cil­ity at Kings Cliffe deals with low level ra­dioac­tive wastes and nat­u­rally oc­cur­ring ra­dioac­tive ma­te­rial.

But in a trad­ing up­date, the firm re­veals that the plant has se­cured two sig­nif­i­cant con­tract awards with to­tal rev­enue of £4 mil­lion over the next two years. It says as a re­sult, the site’s per­for­mance has im­proved strongly with pos­i­tive prospects. De­tails of the con­tracts have not been re­leased.

Augean also deals with non-haz­ardous at its site in Thorn­haugh, at Wans­ford.

The firm has be­gun a cost re­duc­tion pro­gramme which it ex­pects to gen­er­ate an­nual sav­ings of about £2 mil­lion. It says it ex­pects to see profit growth this year.

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