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Wellington sees good margins, high orders; Strong oil-sector sales are the basis for good performance by specialist seal maker

Byline: Liz White

A strong global presence in the energy sector-in components for oil wells, the gas industry and longwall coal mining-helped polymer seals maker Wellington Holdings plc to a good performance in the first half of the year, according to chairman Brian Kent.

Welllington increased its turnover and operating profits, whilst margins rose to an "exceptional 15.6 percent (H1 2003, 11.4 percent)" ...

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