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Profits fall at Aberdeen-based John Wood Group
Aberdeen-based John Wood Group has reported a 24% fall in first-half profits.
The energy services company posted a pre tax profit of 拢78.6m ($122.6m) for the first six months of 2010, compared to 拢103.1m ($160.8m).
The firm said it was in line with expectations and was confident for the second half of the year if oil and gas drilling expenditure grew.
Wood Group shares were largely unaffected in early trading.
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