3 November 1999
Belgian scare helps Shanks
THE Belgian food scare caused by contaminated chicken feed turned out to be a windfall for Shanks, the waste disposal group.
The dioxin health scare delivered a one-off windfall of more than £500,000 for the companys Belgian operation in September.
In the UK, Shanks, which has long had the job of incinerating cattle slaughtered because of the BSE scare, has also won a contract to process another 190,000 tonnes of dead cows.
Pre-tax profits at the group rose 10% to £19.8 million in the six months to September 25, on turnover up 21% to £156m.
- EU slams Belgium over beef testing, FWi, 05 August 1999
- EU launches action against Belgium, FWi, 22 June 1999
- Belgium criticised over food scare, FWi, 10 June 1999
- The Independent 03/11/99 page 21 (Investment Column)
- Financial Times 03/11/99 page 30
- The Daily Telegraph 03/11/99 page 36