KBC set to trump forecasts

14.05.2008

Our Most Popular Articles

This genius investor does dizzying levels of research to uncover...Half Price Shares!

A bullish AGM statement from KBC Advanced Technologies predicting a big improvement in its full year performance sent shares in the oil refinery software specialist skyward today.

"I am pleased to report that the first four months of 2008 have been very successful for KBC with continued growth in contract awards and backlog," said chairman Christopher Powell-Smith.

(Article continues below)

Advertisement

"This has been achieved against a background of very strong revenue and profits growth through the period, reflecting the continued strong demand for KBC's services."

As a result, Powell-Smith reckons the group's financial performance for the year is likely to be "significantly ahead of current market expectations".

FREE! For all our latest advice on making profitable investments, claim your 3-week FREE trial of the MoneyWeek website and magazine now.

Russia turns up the heat on BP 04-07-2008
Running a pub sporting his old school tie 27-06-2008
Eike Batista: the Class A Brazilian eccentric 27-06-2008
The Ponzi fraudster who took $450m, and then his own life… or did he? 20-06-2008
The McDonald’s route to The Good Life 20-06-2008
Whitbread shrugs off consumer slowdown 20-06-2008
Jack Dellal: the enigmatic property dealer who walks away unscathed from crashes 13-06-2008
Mario Moretti Polegato: How poking a hole in a shoe made me $3bn 13-06-2008
The hi-tech kiosk promising vintage returns 11-06-2008
Liam Casey: The Irish farmer who tapped China’s growth 09-06-2008
Yves Saint Laurent: the death of a fashion king 06-06-2008

Money Morning is the FREE daily email from MoneyWeek – a punchy round-up of the latest investment news and profit opportunities. DON’T MISS IT!

Our Most Popular Articles

KBC set to trump forecasts

Related Articles: