Profits down at Boskalis
Dredging group Boskalis on Thursday announced a half year profit of €114, 8% down on the first half of 2010.
However, the company declared this a satisfactory result considering the ‘challenging market situation’.
‘We consider the tighter market situation with lower work volumes and increased competition as a transitory period with better outlooks for the near future,’ CEO Peter Berdowski said in a statement.
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