Engineering and project management services firm AMEC has said that its year-to-date trading continues to be in line with expectations.
The firm's order intake and forward visibility remain "good", with the order book strong at £3.3bn (31 October 2010: £3.1bn; 30 June 2011: £3.4bn).
The integration of the four acquisitions made in the year-to-date are also progressing well.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Chief executive Samir Brikho said: "AMEC continues to make good progress in 2011, reflecting in particular a strong performance in the oil and gas and mining sectors.
"Although we remain alert to the current macro-economic uncertainty, demand for our services and investment in our end markets remain strong and we are confident that this will support continued growth.
"Management remains focused on maximising shareholder value through the delivery of Vision 2015, which includes pursuing further selective value-enhancing acquisitions."
The share price rose 0.87% to 932.5p by 08:31.
NR
-
Christmas at Chatsworth: review of The Cavendish Hotel at BaslowMoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
-
Tycoon Truong My Lan on death row over world’s biggest bank fraudProperty tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
