Waste management firm Shanks delivered a 20% increase in underlying half-year profit, upped its dividend 10% and named Peter Dilnot as chief executive.
For the six months ended 30 September 2011 revenue was 11% at constant currency to £398m. Underlying pre-tax profit rose to £20.8m from £16.8m the same time a year earlier.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
-
How do stablecoins work – and are they risky business?Stablecoins – cryptocurrencies backed by real assets – are all the rage and have been enthusiastically backed by Donald Trump’s administration. Are they a danger to financial stability?
-
Reeves expected to review pension contribution rates in Mansion House shake-upChancellor Rachel Reeves is expected to kickstart her long-awaited pensions adequacy review, which could involve increasing workplace contribution rates above 8%
