Invensys Posts Lower H1 Profit; Confirms Full-year Outlook – Update
UK-based engineering and information technology company Invensys Plc Thursday reported a lower profit for the first half of fiscal 2010, reflecting the absence of a year-ago gain related to pension plans. On an underlying basis, earnings rose year-over-year on revenues and order growth. The company also backed its full-year outlook, saying it still expects to deliver improved performance in the current year.
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