AMEC

Article Abstract:

Amec has suffered a loss on a contract following a dispute with Agip, but the payment made after an agreement between the two companies will get rid of Amec's debts. Amec is aiming for large projects in the UK but the success of this policy will depend on the performance of the UK government's private finance initiative.Amec is also seeking contracts abroad in order to diversify away from the UK where deamnd is low. The company's housing division reported a profit of 300,000 pounds sterling for 1st half 1995.

Oil & Gas Field Services, Support Activities for Mining, AMEC Engineering Ltd

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One for the long term

Article Abstract:

BTG was formed from part of the National Enterprise Board and National Research Development Corp, and was given priority in assessing university research for commercial potential until 1985. The company continued with this activity after 1985 and assesses several hundred investions annually. The company prefers investions likely to bring returns over the shorter term and owns 1,000 inventions. Initial license paymenst and royalties bring in the company's income.

Engineering services, Business Technology Group PLC

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Wellman: far to go

Article Abstract:

Wellman is a UK thermal engineering concern and supplier of traffic equipment. The company has seen a rise in its share price and Wellman directors have invested 160,000 pounds sterling in buying shares. The company is growing through acquisitions including a range of businesses acquired from FKI. The company's profit is forecast at 10 million pounds sterling for 1995 to 1996, and Wellman shares are recommended for investors in Sep 1995.

Other Communications Equipment Manufacturing, Traffic Signals, Control equipment industry, Wellman PLC

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