WHAT IS THE OUTLOOK FOR KENTZ?
KEITH MORRIS EVOLUTION
Kentz’s focus on engineering and construction in growth areas continues to impress. Improving margins on flat revenue, a 38 per cent increase in the backlog this year and larger cash reserves all point to strong profits growth underpinned by good visibility.
MALCOLM GRAHAM-WOOD HANSONWESTHOUSE
Kentz delivered the goods in the first half and with a strong order book will do better in the second half. Good management and blue chip clients will deliver rising earnings and dividends which leave the rating undemanding and therefore remains a buy.
PETER HUTTON NCB STOCKBROKERS
Encouraging results, with revenues maintained despite tougher backdrop and solid base for renewed growth in the second half and 2010. A backlog of $1.1bn is impressive, and Kentz punches above its weight in terms of quality of projects and clients.