News: Shanks Group PLC (SKS.L)

SKS.L on London Stock Exchange

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Fri, Sep 26 2014

UK FTSE 100 set for steepest weekly drop in 15 months

LONDON, Sept 26 - Britain's main equity index was on track for its biggest weekly loss in 15 months on Friday as two new profit warnings added to a gloomy mood for shares, hit by expectations of monetary tightening in Britain and the United States.

Waste management firm Shanks cuts forecast, shares sink

- Waste management company Shanks Group Plc warned that full-year results would be 15 percent below its estimates as trading conditions worsened at its solid-waste business in Belgium, the Netherlands and Luxembourg.

UPDATE 2-Waste management firm Shanks cuts forecast, shares sink

Sept 26 - Waste management company Shanks Group Plc warned that full-year results would be 15 percent below its estimates as trading conditions worsened at its solid-waste business in Belgium, the Netherlands and Luxembourg.

Shanks warns of lower-than-expected full-year results

Sept 26 - British waste manager Shanks Group Plc said it expected full-year results to be about 15 percent below management's estimates, hurt by weakness at its solid waste business in Belgium, the Netherlands and Luxembourg.

BRIEF-Shanks sees no material impact from fire at Frog Island facility

* Announces that there was a fire on Monday at its Frog Island facility and that business continuity plans have been implemented and are working well

Shanks says weakness in Dutch solid waste unit to hit first half

July 21 - British waste manager Shanks Group Plc said first-half results would be hurt by a strengthening pound and further weakness at its solid waste business in Belgium, the Netherlands and Luxembourg.

UPDATE 2-Shanks builds UK recycling plants to meet growing demand

* Investing 200 mln stg to build two UK plants to process landfill waste

Shanks' revenue rises driven by Hazardous Waste, UK Municipal units

May 15 - Waste management company Shanks Group Plc posted a 4 percent rise in full-year revenue, driven by growth in its Hazardous Waste and UK Municipal businesses.

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