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CFE first-half profit tumbles 18% on DEME contract termination
Cie. d’Entreprises CFE SA, the construction firm that owns half of Dredging Environmental & Marine Engineering NV, said profit declined 18 percent in the first half on losses from a cancelled DEME contract in Brazil. Net income dropped to 26.2 million euros ($37.7 million), or 2 euros per share, from 32.1 million euros, or 2.46 […]