Support services group inreases interim pre-tax profit 127% to £48m

Amec has raised its 2007 profit forecast by £5m after reporting a big increase in interim pre-tax profit.

The support services group increased pre-tax profit 127% to £48m for the six months ended 30 June 2007. Revenues increased 14% to £1.152bn.

Samir Brikho
Amec said that strong growth in its natural resources, power and process businesses helped boost profit.

Chief executive Samir Brikho said he was confident the firm will deliver its 6% margin targets by 2008, and the 8% forecast for 2010.