Cape issues profit warning

Energy support services firm Cape said it was unlikely to meet expectations in 2012 after trading in Australia deteriorated sharply in the second quarter.

Energy support services firm Cape said it was unlikely to meet expectations in 2012 after trading in Australia deteriorated sharply in the second quarter.

The deterioration in performance in its Far East/Pacific Rim business will have a significant effect on overall group performance in the near term, the company said.

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