Financial Times FT.com

Amec raises its earnings forecasts

By Michael Kavanagh

Published: July 3 2008 23:24 | Last updated: July 3 2008 23:24

Amec, the engineering consultancy, shrugged off stock market gloom on Thursday and led FTSE 100 gainers after edging up its earning forecasts for the year.

The shares rose 24½p to 874p as the group increased its margin expectation for the year from 6 to 6.5 per cent and pointed to strong trading across its businesses.

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