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| Amec expects record year Britain's Amec announced it expects to deliver record performance, and confidently expects to deliver a group EBITA margin in excess of 6.5 per cent in 2008. The group is in an exceptionally strong financial position, with a relatively well-funded pension scheme and average net cash of over £600 million expected for 2008. This figure is after taking account of year to date acquisitions with an aggregate cash cost of c.£125 million (up to £90 million outflow in 2008, the remainder being deferred consideration), business disposals and share buy backs announced in the year to date. write your comments about the article :: © 2008 Construction News :: home page |