Kentz earnings meet expectations

FTSE 250-quoted engineering firm Kentz yesterday said that its earnings per share for 2013 are in line with expectations, reflecting double-digit growth on 2012. The company also said that it completed its acquisition of US operator Valerus Field Solutions on 3 January for $435m (£262m). “I am pleased to report that we are starting the year in a very strong position and foresee the delivery of yet another strong performance in 2014,” said chief executive Christian Brown.