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Biffa boosted after brief ‘in line’ update

The update comes ahead of the waste management group's AGM later today

Biffa bin
The company's full year outlook was left unchanged

Shares in waste manager Biffa PLC (LON:BIFF) were given a boost on Wednesday after the group issued a brief update ahead of its AGM.

READ: Biffa shares skid on half year earnings drop despite dividend hike

The firm said that trading for the first three months of its current year had been “in line” with its expectations and that it was continuing to progress with its growth strategy having recently completed a bolt-on acquisition of the trade and assets of WasteCollection.com to its collections business.

Biffa added that its outlook for the full year was “unchanged”.

In early trading, the shares were up 2.5% at 203p.

Quick facts: Biffa PLC

Price: 262.5 GBX

Market: LSE
Market Cap: £656.25 m

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