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No upcycling for Shanks yet

RESULTS: Shanks is working hard to mitigate challenging end markets, but growth prospects still look too dull to justify the rating.
May 15, 2014

Most companies are by now feeling the benefits of economic recovery. Not Shanks (SKS), whose waste-management businesses are "late cycle", says chief executive Peter Dilnot. Shanks continues to face tough trading conditions, particularly in the sluggish economies of the Netherlands and Belgium.

IC TIP: Sell at 100p