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AMEC signals a more cautious outlook

AMEC's (AMEC) shares slipped modestly on the back of these figures after management at the engineering consultancy signalled a less bullish outlook on revenues and margins than the market had been expecting. And despite a hefty dividend hike, investors may have been unimpressed with the absence of a new share buy-back scheme - last year's £400m buy-back programme was completed this month.

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By Mark Robinson,
14 February 2013

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