TEG GROUP (LON: TEG) - “waste” the investment story for 2010!
The AIM-listed green technology company, which develops and operates organic composting and energy plants, announced encouraging preliminary results for the year ended 31 December 2009.
This follows the recent news of a contract with Essex County Council and Southend Borough Council to process co-mingled food and garden waste, commencing on 1st June 2010.
TEG provides an in-vessel composting technology, which is one of the few approved technologies capable of treating animal by-product (ABP) waste, and is now providing an anaerobic digestion (AD) technology to produce power from food waste.
Full year revenue was up 21% to £15,394,000 with…
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