Nature hit by unresolved Gibraltar claim

Maritime waste treatment company Nature Group said it experienced a year of contrasting experiences as it made progress integrating its two companies while results were hurt by an unresolved insurance claim relating to an accident in Gibraltar

Maritime waste treatment company Nature Group said it experienced a year of contrasting experiences as it made progress integrating its two companies while results were hurt by an unresolved insurance claim relating to an accident in Gibraltar

Pre-tax profit rose to £1.52m for the year to 31st December 2011 compared to £1.5m the year before. The small increase was as a result of a rise in administration expenses due to a combination of exceptional costs in respect to the accident and business integration, as well as the enlarged group, Nature said.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.