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Interserve winning back confidence

Interserve winning back confidence

Support services group Interserve (IRV) has been struggling for some time with ever-increasing provisions against its energy-from-waste business, climbing debt levels and (well-founded) scepticism from investors over the prospects of the outsourcing sector. It is hardly surprising, then, that investors were cheered by signs of a turnaround this week, when the group announced operating profit for 2018 was expected to be ahead of market expectations.

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