StockMarketWire.com - Biffa said underlying trading was consistent with its expectations at the time of the half year results in November.

The group said it continued to make good progress in implementing its strategy to deliver revenue growth and margin expansion.

A trading update for the 52 weeks to 24 March said: "Group underlying EBITDA and underlying operating profit are anticipated to be in line with our expectations for the full year.

"The Industrial & Commercial division has continued to perform well with ongoing revenue growth supported by cost discipline, including the delivery of acquisition synergies.

"Further, in the second half of the year the division completed or reached agreement on a number of small infill acquisitions.

"The Municipal, Resource Recovery & Treatment and Energy divisions have continued to perform as expected.

"Net debt at year end is anticipated to be in line with our expectations.

"Biffa remains well positioned to grow both organically and through acquisition.

"We are actively pursuing a strong pipeline of acquisition opportunities.

"The markets in which we operate continue to be supportive of our integrated business model.

"We continue to pursue our strategy with confidence and as a result, the Board's overall expectations for the full year remain unchanged."

The group's full-year results are scheduled for 14 June.




At 9:16am: [LON:BIFF] Biffa Plc Ord Gbp0.01 Wi share price was -0.25p at 188.75p



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