No recession for booming IHC Merwede

Recessionary forces have yet to impact on IHC Merede, as the Dutch dredger builder has reported first half revenue of EURO 512m, up 54% on the first half of 2007, and an order book up 30% to stand at EURO 1.77bn. Profitability was looking healthy too, up an impressive 60% ...

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