Monday 16 April
AMEC plc Interim Management Statement
Highlights
· Year-to-date trading in line with expectations
· Order intake and forward visibility remain good
o Order book £3.7 billion (December 2011: £3.7 billion; March 2011: £3.1 billion)
· £75 million of shares purchased under £400 million share buyback programme
AMEC Chief Executive Samir Brikho said:
"AMEC has performed in line with expectations in the first three months of the year.
"We continue to see healthy demand for our services and investment in our end markets - underpinned by the positive industry trends, particularly in the oil and gas and mining sectors. We are confident that this will support double-digit underlying revenue growth in 2012.
"The acquisitions made in 2011 are integrating well and the pipeline of further acquisition opportunities remains strong."
Guidance
Unless specifically addressed, guidance remains unchanged from that notified with the final results issued 21 February 2012.
