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Spain's Abengoa H1 Net Profit Up

Posted by July 31, 2015

Spanish engineering and renewable energy company Abengoa posted on Friday a 5 percent rise in first-half net profit to 72 million euros ($80 million).

Class B shares in Abengoa - which has biofuel and solar thermal plants in the United States - have dropped 16 percent since July 23 on concerns over its liquidity.

The company is expected to provide more information at a conference call at 1600 GMT.


Reporting by Tracy Rucinski

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