Kentz raises expectations as orders pile up

Oil and gas focused engineer Kentz says orders are growing and it expects its full year figures to come in ahead of expectations.

Oil and gas focused engineer Kentz says orders are growing and it expects its full year figures to come in ahead of expectations.

In a management statement released to coincide with the annual general meeting (AGM) on Friday morning, the company says its backlog of orders had grown to $2.46bn by the end of April, with a significant number of contracts worth over $100m.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

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

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.