Full Year Results 

Consolidation gains continue at Biffa

Consolidation gains continue at Biffa

With the ongoing waste import restrictions in China, Biffa (BIFF) is continuing to feel the squeeze – the underlying operating profit margin in resources recovery and treatment fell by 1 percentage point to 5.2 per cent in FY2019. But more than a year since the sudden regulatory changes were introduced, the group has adapted to offset the adverse impact. Re-configuring its operations, the group sells more waste into the UK, European and other Asian markets and is now altering contracts to reduce exposure to volatile recycling commodities prices in the long term.

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