City File: Carr Kitcat & Aitken
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Your support makes all the difference.NOBODY IN his or her right mind would buy the construction materials sector at the moment. The end of the recession, whenever that will be, will come a year later for the contracting industry, such is the overhang from the building boom of the late 1980s. But, says Carr Kitcat & Aitken, there are exceptions. One is RMC, the ready-mixed concrete group. UK profits fell 61 per cent last year and are expected to slump a further 28 per cent this year. But the domestic market's demise is compensated for by the group's continental exposure, particularly in Germany.
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