26 March 2012 – final results

Another strong set of results from the engineering and construction group for 2011, with revenue for the year up by 29% to US$1.36bn (2010: US$1.05bn) and pre-tax profit increasing by 18% to US$79.4m (2010: US$67.5m).  Earnings per share rose by 25% to 50.61 USc (2010: 40.66 USc).  The results demonstrate another year of significant progress for the group and with current trading in line with expectations, we continue to rate the shares as a BUY.