Gas Turbine Efficiency sees 08 revenue near doubled

LONDON Jan 12 (Reuters) - London-listed Gas Turbine Efficiency Plc GAST.L said on Monday its revenues for 2008 were expected to rise 96 percent to about $35 million, beating market expectations.

The company, which produces systems for enhancing the efficiency of gas turbines, said the increase was due in part to strong fourth-quarter performance in the industrial and aviation sectors.

The firm also said total order intake for 2008 was expected to increase by 189 percent to $45.9 million, while the order backlog at the start of the new year was up by 173 percent to $17.5 million. (Reporting by Catherine Bosley; Editing by Victoria Bryan)