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Shanks hails UK profit growth
Waste management firm Shanks said yesterday that a strong performance in the UK had helped it deliver profit above expectations for the year to 31 March. Underlying pre-tax profit was up 10 per cent compared to last year, climbing from £35.2m to £38.8m on revenues that increased by five per cent from £717.3m to £750.1m. In the UK revenue was up by £6m to £186m, while trading profit grew 39 per cent to £6.9m from £5m in 2010.