Velosi ‘in line’

Companies: VELO   
27/07/2007

Velosi, which provides quality control and assurance services to the oil and gas industry, is trading in line with expectations, according to an update last week. The interim figures will be announced on 24 September. Up from 97.5p to 129p since last December’s recommendation, Velosi remains a firm hold – particularly given the recent strength of oil prices and the level of ongoing industry investment.


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