May Gurney has said that trading in the last six months has been strong, helped by two long-term waste and recycling contracts with local authorities.
In the period to 30 September, May Gurney was named preferred bidder for Bristol City Council’s waste collection, street cleansing and winter maintenance contract (valued at around £96m) and Cheshire West and Chester Council’s waste and recycling contract (valued at up to £126m).
The group expects to perform ahead of current market expectations for the year ending 31 March 2012.
Chief executive Philip Fellowes-Prynne, left, said: “During the first six months of the current financial year, we have continued to build on our strong performance in 2010-11 and have grown our forward order book to £1.5bn.
“The support services market remains cost competitive as clients seek to drive more value from their frontline services and demand innovation from their outsourcing partners. As a market leader in delivering transformational essential services to 24 million people across the UK, May Gurney is well-placed in this challenging environment.
“Specifically, we see an increasing trend of clients looking to work together to deliver shared services across the public and regulated markets. Our long experience of collaborative working, together with our unique geographic footprint and integrated operational resources, means that we are well-placed to support this shift.”