Petrofac issues the following pre-close trading update ahead of the announcement of its results for the six months ending 30 June 2018 on 29 August 2018.
· Trading in line with expectations
· New order intake of US$1.8 billion in the year to date
· Net debt is expected to be around US$0.9 billion at 30 June 2018 in line with expectations
Ayman Asfari, Petrofac's Group Chief Executive, commented:
"We are trading in line with expectations, delivering best-in-class project execution, continued momentum in new orders and further progress in our strategy.
Full item here;
https://www.investegate.co.uk/petrofac- ... 00065292S/