31st Oct 2013 08:17
LONDON (Alliance News) - RPS Group PLC (RPS.L), a consultancy providing advice upon the development of natural resources, land and property, reported that it remains on track to meet current market view for the year. The company said it has committed a maximum of 61 million pounds to acquisitions since June 30, 2013 and expects that this and the investments made earlier this year should result in significantly improved trading for the Group in 2014.
According to the company, its Energy business continued to trade encouragingly in the second half, reflecting its growing market presence and significant investment by its clients in the oil and gas exploration and production sector. It has benefitted from good levels of demand across the world, though parts of the Canadian market, especially the potash sector, remain challenging.
Since June 30th, the Group has completed the acquisition of APASA, HMA and Ichron.
Copyright RTT News/dpa-AFX
Related Shares:
RPS.L