BZW says pricing and margins remain under presure in most areas because of overcapacity and weak demand in some areas. Only a hold.Reuse content
THE industrial services group BET is expected to report solid interim profits tomorrow. But any improvement may arise only from the absence of losses at discontinued operations and a lower interest charge. BET is in the middle of a big divestment programme and has sold a hatful of subsidiaries, including Rediffusion Music/Reditune for pounds 18m and Hireplant for pounds 10.8m. The company's brokers, BZW, expect a reduced interim dividend of 1p but a near 5 per cent rise for the full-year payout from 3.25p to 3.4p.