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May Gurney woos city with good interim results

Shares in May Gurney rose today thanks to good interim results, the company's first since floating on AIM in June.
The company listed record earnings, to £7.1M, up from £6.7M in 2005, first half revenues up by 12% to £199.6M, and profits up by 20% to £6.6M.'This has been a very important year for May Gurney,' said chief executive David Sterry.'We have successfully mobilised our new contracts with Essex County Council and West Sussex County Council and secured both new long-term contracts with existing customers and new opportunities with new customers,' he said.May Gurney specialises in the construction and maintenance of highways, rail, utilities and general infrastructure, and has been cultivating a good realtionship with the City, already nominated as AIM's 'best newcomer' for 2006.

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