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| Amec 1H pretax profit up 87% UK engineer Amec reported an 87 percent jump in first-half pretax profit, raising its margin targets for the second time in as many months on continued strength in its markets. Amec said its first-half, adjusted pretax profit rose to £90.4 million, while diluted earnings per share rose 84 percent to 18.8 pence and the half-year dividend rose 15 percent to 5.3 pence per share. Amec also raised group margin targets for 2010, to 8.5 percent from 8 percent previously. Last month, the company raised its margin expectations for 2008 to 6.5 percent from 6 percent previously. write your comments about the article :: © 2008 Construction News :: home page |