Oil and Gas Fuel Amec's Profits

Summary


Astrong performance from Amec's oil and gas business helped to propel profits forward by 7.1% in the last six months of 2004.

Britain's largest engineering services company, which employs 2,300 of its 45,000 global workforce in the North-East, posted pre- tax interim profits of pounds 40.9m, on a 9% improvement in its oil and gas business ( which contributed a pounds 21.5m profit. Total turnover rose by pounds 93m to pounds 2.26bn.

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Extract


Oil and Gas Fuel Amec's Profits

Amec's oil and gas business provides consultancy services and maintains oil rigs and on-...

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