InterBulk Group has confirmed that underlying pre-tax profit is expected to match last year’s result. The logistics provider, where Clyde Blowers’ Jim McColl is a shareholder and on the board, says there has been some encouraging growth in the Americas and Asia during the year, but no significant pick-up in activity in Europe in the second half , affecting activity in both liquid and dry bulk divisions. Profits have been dampened by the continuing weakness of the euro and price pressure from competitors, offset by interest savings achieved from reduced debt.
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