- Breaking News Mida seeks RM1b govt allocation
- Breaking News Malaysian freed after call from PM's wife
- Breaking News Nizar warded after accident
- Breaking News `Pornthip not under probe'
STOCKS FOCUS: ABBOT GROUP
0 Comments | Sunday Herald, The, Sep 9, 2007
OIL services group Abbot delivered a strong set of first-half results on Thursday but its shares slid after it lowered its expectations for full-year profits. Abbot said pre-tax profits in the first half rose 30.3-per cent to GBP35.8 million helped by rig starts and contract extensions. Turnover rose 56.6-per cent to GBP686.2m.
Most Popular Articles
Most Recent Articles
Abbot said it continued to see high levels of demand across all service lines. But investors were disappointed after Abbot said results for the full year will be towards the lower end of forecasts because of higher interest costs. Shares closed at 273.5p.
Copyright c 2007 Newsquest Media Group
Provided by ProQuest Information and Learning Company. All rights Reserved.
- Poorest students left penniless after university funding delay An
- Aliens go forth and multiply
- Lockerbie: CIA witness gagged by US government; Lockerbie trial
- Bid to make people nicer on the net Charity's campaign aims to bring
- High-tech headstone brings primetime to the graveside
- 'Free Willy' dies of broken heart; Lonely Keiko never did find
- Getting to the root of beautiful hair: shiny, silky hair begins with a healthy scalp - includes list of resources and a recipe for an herbal scalp tonic
- Industry Experts Launch Money Management Resources to Help People Overcome Debt and Learn Proper Money Management Practices
- Portfolio forecasting tools: what you need to know
- Made from scratch: When Honda built a plant in Alabama it also built a workforce-using local workers who had no experience in making cars - Recruitment & Hiring
- Author Takes the Pat Robertson Weight-Loss Challenge
- Gilla Closes Acquisition of Rutile Titanium Properties in Cameroon
- FDA Approves REMICADE(R) for Ninth Indication: Psoriatic Arthritis
- Synthetic Biology Taps DNA'S Business Potential
Content provided in partnership with
