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Cape Plc reports "subdued" H1 order book
LONDON, Aug 29 (Reuters) - Cape Plc, the industrialservices group focused on the oil and gas industry, said it sawa "subdued" order intake in the first half of 2013 of 239million pounds ($371 million) down from 363 million a yearearlier.
It blamed weakness in the Asia Pacific region which it saidwas expected to remain loss making for the full year.
"Nevertheless the overall Group performance for the fullyear is anticipated to be broadly in line with expectations,"said the British company as it reported a first half profitbefore tax of 4.2 million pounds down from 9.7 million.
Latest CIU News
- Fulcrum Utility Services Hires Ian Pattison As Interim Finance Head
21 Feb 2020 - Cape secures scaffolding contract in Saudi Arabia
17 Jan 2017 - Cape sees FY results 'materially ahead' of current views
5 Jan 2017 - Friday broker round-up
2 Dec 2016 - Cape warns of increased risks from asbestos litigation claims
18 Nov 2016 - Cape Signs Extended And Expanded North Sea Contract With Perenco
5 Oct 2016 - BROKER RATINGS SUMMARY: RBC Upgrades OneSavings Bank To Outperform
24 Aug 2016 - Cape has mixed first six months due to weak UK business
23 Aug 2016
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CIU.L News
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(ShareCast News) - Cape, which provides critical industrial services to the energy and natural resources sector, has secured a scaffolding contract in...
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(ShareCast News) - Cape said on Thursday that its full-year results for 2016 are likely to be "materially ahead" of current market expectations, as it...
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