Silverdell: lots to encouarge

The Group provides managed solutions for the assessment, survey, safe handling and removal of hazardous or potentially hazardous waste. Group turnover decreased by 3% to £59.5m, however, gross profit was maintained at £14.6m. The statutory operating loss was £5.7m, which is an improvement of £10.2m compared with the prior year, while adjusted operating profit was broadly in line with the previous period at £1.5m (2008: £1.6m). During the year, management considered that the goodwill arising on the acquisition of the Kitsons Group had been reduced to an amount below the net present value of that business and accordingly an impairment…