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UPDATE 1-RPS Group sees FY results in line with market view

Thu Oct 29, 2009 3:43am EDT

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* Says sector, geographical diversity underpin performance

* Says integration of Conics started successfully

* Continues to look at acquisitions (Adds details)

Oct 29 (Reuters) - British environmental consultancy RPS Group Plc (RPS.L) said on Thursday it expected results for the full year to be in line with market estimates, helped by sector and geographical diversity of the business.

The integration of multi-disciplinary consultancy Conics, which was acquired in July, with the group's existing Australian operations has begun successfully, it said.

RPS, which advises on projects such as airport expansions and new nuclear installations, said it remained confident about Australian economy performing well in the coming years.

The company said it would continue to develop its activities in Brazil, West Africa and the Arctic region, which are emerging as material petroleum provinces.

The company, which had net bank borrowings of 38.3 million pounds ($62.75 million) as at end-September, said it would look at further acquisitions.

Analysts on average were expecting the company to report a pretax profit of 54.2 million pounds for the year ending Dec. 31 on revenue of 427.0 million pounds, according to Thomson Reuters I/B/E/S.

RPS shares closed at 200.40 pence on Wednesday on the London Stock Exchange.

($1=.6103 Pound) (Reporting by Tresa Sherin Morera in Bangalore; Editing by Maju Samuel)



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