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Activity strong at Cape

Wed, 06th Jan 2010 07:31
Support services group Cape has seen activity levels remain strong during the second half and expects full year results to be at least in line with market expectations. Cash generation has also remained strong with net debt expected to have reduced by circa £50m over the full year to around £115m at the year end, approximately 9% ahead of market expectations. Cape specialises in areas such as fire protection, abrasive blasting and specialist cleaning for the oil and mining sectors.

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