Kentz Corporation Ltd. (KENZ.L), the holding company of the Kentz engineering and construction group, reported that its trading for the year to date period is in line with expectations, and anticipates results to be weighted towards the second half of the year. Further, the company said it is confident of the prospects for its business and reiterated its guidance to achieve double-digit earnings growth in 2013, despite the uncertainties in the global economy and in the demand for commodities.
Kentz' Chief Executive stated, "We anticipate that 2013 will be another successful year for Kentz in which we expect further growth and geographical diversity in our earnings and backlog." Backlog at the end of April 2013 was $2.80 billion.
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