Cape

www.capeplc.com TICKER: CIU     EXCHANGE: L

Cape is a major international provider of non-mechanical Industrial services, chiefly to plant operators in the energy, chemicals and natural resources sectors, as well as to major Engineering and Construction contractors. Services provided include scaffolding, insulation, painting, coating and cleaning. Cape works in 28 countries, with coverage extending across the UK, Gulf/Middle East, CIS, North Africa and into the Far East/Pacific Rim. Cape's range of multidisciplinary services are delivered throughout the lifecycle of major industrial assets. These range from the construction phase through the maintenance, inspection, turnaround and expansion phases and finally, to the decommissioning and abandonment of retired facilities.

LATEST REPORTS

 
Business flourishing
Published: Apr 01 2008

Excellent results released

Well placed to serve robust energy sector

Executing international strategy; sales synergies on enlarged footprint

Upgrade of fair value to 380p / share vs 242p currently

 
Set for further growth
Published: Mar 19 2007

  • Excellent 2006 results and current trading ahead of expectations
  • Contract wins in all key markets robust forward order book
  • Scheme of Arrangement derisks the business
  • Acquisition possibilities
  • Cape's fair value seen at 333p/share vs current 268p
 
Cape; focused on growth
Published: Oct 23 2006

  • Driven by strong growth in global energy markets
  • UK and international businesses performing well
  • Much improved financial position
  • Organic growth augmented by acquisitions
  • Asbestos issues resolved

 

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