Augean plc provided earnings guidance for the year ended December 31, 2014. For the year, the company expects underlying profit before tax is expected to be in line with market expectations. Net debt, as at 31 December 2014, is lower than market expectations.

This is due to cash received by the Group of £1.2 million, in respect of the settlement of litigation in December 2014, and total cash received of £0.8 million from the issue of new shares, to satisfy the exercise of share options, during the period September 2014 to December 2014.