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Amec says 1H profit up 25 pct

British engineering group Amec reported a 25 % increase in first-half profit and said it was on track to meet its EBITA margin goal of 8.5 % for 2010. The group posted earnings before interest, tax and amortisation of 94.5 million pounds on revenue broadly flat at 1.26 billion pounds. Amec said it expected an EBITA margin approaching 8 percent in 2009.



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