Trading at Plexus Holdings, an AIM quoted oil and gas engineering services business, has exceeded management's expectations, with full year earnings in the 12 months ended June 30th now expected to be ahead of market expectations.
The firm said post-tax profits and earnings per share are expected to be materially better than current analysts' forecasts after demand for its high pressure/ high temperature (HP/HT) wellhead business activities continued to show strong momentum, with further contracts having been secured with both existing and new major international oil and gas operators across the world.
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