Waste management company Bingo Industries (ASX:BIN) saw net profit for the full year rise 91.6 per cent to $38 million from $19.8 million on the prior corresponding period.
Net revenue is $303.8 million, that’s up 44.5 per cent on financial year 2017.
Pro forma EBITDA was up 46.0 per cent to $93.7 million, ahead of updated guidance of $93 million.
Bingo also announced today that is hoping to buy NSW recycling and waste management company Dial A Dump Industries for $577.5 million.
They have a final dividend 2 cents per share.
Shares in Bingo Industries (ASX:BIN) are on trading halt. Last traded at $2.87.