Pennon suffers recycling price woes

Updated
Viridor
Viridor

South West Water parent Pennon has warned over a plunge in trading at its waste division as recycling prices continue to slide.

Pennon (LSE: PNN) said the first half performance so far at Viridor, which provides recycling and waste collection services, was "significantly" below a year earlier, when recycling prices peaked.%VIRTUAL-SkimlinksPromo%

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