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Keep up to dateSupport services and building group Interserve has posted a 4% rise in turnover from 拢913.6m to 拢951.2m for the six months to 30 June 2009
Pre-tax profit was up by 19% from 拢33.7m to 拢40m and the group said the results had been boosted by its work in the UK public sector and the Middle East. Net debt fell 26% from 拢115.4m to 拢85.1m.
Adrian Ringrose, chief executive, said: 鈥淲e remain confident in our prospects and expect to deliver robust near-term performance and sustain our long-term growth.鈥�
Revenue at building services group up by 4% for period, with future workload also increasing
Cathal O鈥橰ourke says contracting鈥檚 cherished 5% figure can be achieved and warns current industry average 鈥榠s not sustainable鈥�
Contractor ISG is set to collapse, in the biggest corporate construction failure for several years. Here is what the firm鈥檚 chief executive said to staff聽 last night.聽
Contractor聽to go under two months after firm鈥檚 chairman said rescue deal was 鈥榙ays away鈥�
Day of febrile speculation sees six subsidiaries apply for administration late this聽afternoon
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