Summary
Engineering group Invensys met City expectations with higher first-half operating profit yesterday, due to stronger rail orders and demand from the oil and gas industries for its products.
The debt-laden firm, which provides machinery and services for industrial plants and railway systems, said its pension deficit rose but it was still on track to meet market expectations for the year.See the full content of this document
Extract
Invensys Getting Back On Track
"The more positive trend in rail orders is encouraging and the first signs o...
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