7/12/2006

Earnings breakout: : Acergy S.A. ACGY



Acergy S.A. is an offshore services contractor. It designs, procures, builds, installs and services a range of offshore surface and subsurface infrastructure for the global oil and gas industry.
For the latest quarter Revenue up 55% and Net Income up 585%. One problem is it has very large float 191 million. Looking for low risk entry point on this one.

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