Engineering firm
The contract win came as the
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The deal with Swiss firm
For the first quarter, the firm, which was recently promoted back to London’s blue chip index after a 10 year absence, said it had been helped by record commodity prices.
The Scottish firm benefitted particularly from higher prices for gold and copper, which remain close to multi-year highs.
It added that its order book was up 11 per cent for the period, driven by a two-thirds increase in original equipment orders.
Chief executive
“As expected, conditions continued to improve in both mining and infrastructure markets reflecting increasing customer confidence in a broad-based economic recovery and near record prices for commodities essential to growth and carbon transition.
“This was reflected in continued positive development in our project pipeline and improving order conversion of our early cycle product lines and technologies that deliver significant sustainability benefits.”
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