Petrofac Limited (PFC.L) Thursday in an interim management statement said it expects modest growth in earnings in 2013, reflecting rephasing of In Salah project in Algeria. It added that it remains on track to meet 2015 earnings target.
The firm further said it has clocked a good operational performance and project margins are line with expectations.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.