Kentz reports strong pipeline of extra business in place

KENTZ Corporation, the Irish engineering company, said its backlog of work rose 39% in the first four months of the year, with a “very strong” pipeline of additional business in place.

The backlog increased to $827 million (€534m) at the end of April from $596.4m at the end of 2007, the company said yesterday in a market update.

Kentz share price rose 5.5 pence, or 3.2% to 180 pence in early trading.