Looking good since the demerger. Lots of potential growth opportunities, a potential bid target and green credentials to boot. what more could you ask for?!

Biffa has posted first-half profit before tax up 19.9% to 41.6m, boosted by organic growth.

The waste management services company, which recently demerged from water company Severn Trent, also saw revenues up 5.8% to 376.5m in the six months to September 29th.

Biffa's maiden interim dividend was set at 2.1p per share.

CEO, Martin Bettington, said, 'Biffa has delivered a strong set of maiden results, with all divisions achieving organic growth in the first half of the year.'

plenty of support about 300p level.

Encouraging press release from Montagu private equity this morning. Could be an interesting ride.

Yes, BIFF has managed to keep its head above 3 which is good news. If we can see out tomorrow then next week could be interesting.

I am guessing the French will make a counter bid in time.

Well BIFF has suffered every time the market has seen red over the last few months but again today another little rise. Interesting times indeed.

It has to be Viola.

Some info for you from today's Times:

Info re possible counterbid for Biffa - from The Times 09 February

Thanks for that Toya.

http://www.dailymail.co.uk/money/investing/article-5186543/MIDAS-TIPS-Cash-Christmas-Clean-Biffa.html

Is this a) an opportunity now that China won't take our waste or
b) a risk because they don't deal with all of it in-house and some goes to China

I would say long term this could be interesting.

Trades on 13.5x earnings. Dividend yield of 2.6% at share price of 254

A pullback in the share price of 10% might tempt me. I'd prefer more dividends

Hammered down by 12% on generally in-line results. I've been waiting for an entry on this one and have bought a few to hold long term on today's fall.

I think long term the Chinese recycling issue will flow through with costs either being passed onto customers or other solutions found.


Biffa plc ('Biffa' or 'the Group'), a leading UK integrated waste management company, today issues a trading update ahead of its announcement of results for the year ending 30 March 2018, scheduled for 13 June 2018.

Trading in the second half of the year, and therefore for the full year, is expected to be in line with the Board's expectations. Biffa has continued to deliver solid organic and acquisitive revenue growth, and Underlying EBITDA and Underlying Operating Profit growth have been driven by a good operational performance and cost control.

The Industrial & Commercial division has continued to deliver both good organic growth, underpinned by pricing discipline and reduced customer churn, and acquisitive growth. Trading in the Municipal division remains satisfactory, set against unchanged competitive market conditions. The Energy division has continued to perform as expected.

As anticipated, in the Resource Recovery & Treatment division, strong landfill performance has largely mitigated cost and price headwinds arising from the recent changes in Chinese regulations for the import of recycled commodities. In the near term we expect these headwinds to persist, impacting divisional performance. Nevertheless, Biffa remains strongly positioned over the medium and long term due to its investment in recycling operations and focus on high quality products.

Since the Half Year Results in November, Biffa has completed two further acquisitions bringing the total number of acquisitions for the year to date to seven with combined targeted annual revenue of c.£49m. Integration of these acquisitions is progressing as planned. The acquisition pipeline remains robust and further opportunities are being explored.

The Group's balance sheet remains strong, with cash generation and net debt also in line with our expectations.

Those Shares' tips not doing too well. Dignity halved and now this.

Cheer up.

It might mean the death rate is going down.

Most "share magazines" produce decent background info on cies. Their share tips though are as good as marriage advise from a twice divorced marriage councilor.