Augean says profits will stay too stable

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The Independent Online

Hazardous waste management company Augean yesterday warned that its 2012 results will be at the lower end of forecasts.

It said that the build-up of volumes of low-level waste from decommissioned nuclear power stations had been slower than it had expected. But the group, which is still looking for a new chief executive, said it expected to see growth this year.

The shares fell 2p to 31.5p.