StockMarketWire.com - Waste management company Biffa said it expected trading for the full year to meet its expectations amid ongoing growth in its industrial & commercial division.

'Trading in the second half of the year, and therefore for the full year, is anticipated to be in line with the Board's expectations,' the company said.

The company also said it expected to deliver underlying earnings (EBITDA) growth for the full year, citing ongoing organic and acquisitive net revenue growth in the year.

As anticipated, the resource recovery & treatment division had significantly improved versus the second half of last year with a 'strong operational performance and commodity prices improving,' the company said.

Planning permission had been received for the PET plastic bottle recycling site in Seaham, County Durham and 'we expect the plant to be fully commissioned and operational by April 2020,' it added.

Trading performance in the Municipal division, meanwhile, had stabilised and the energy division had continued to perform in line with expectations, the company confirmed.

At 10:03am: [LON:BIFF] Biffa Plc share price was +8.9p at 194.7p



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