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Published on: June 25, 2020

Clearer picture emerging

Construction and engineering services company nmcn “continues to trade profitably” despite Covid-19, reporting a healthy order intake and cash position in today’s AGM statement. The Water segment, in particular, continued to perform strongly and we believe that nmcn’s activities will remain underpinned by the Government’s commitment to infrastructure investment. The Group intends to reinstate guidance, previously withdrawn in line with most peers, as “greater visibility” appears at the HY 2020 results.

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