UPDATE 1-Ricardo H1 pretax profit up 11 pct

Newswire

* H1 revenue grows slightly * Cuts costs due to tough markets * Raises interim div by 3 pct (Adds details) Feb 27 (Reuters) - Ricardo Plc , an engineering and automotive consultancy group, on Friday reported a 11 percent rise in first-half pretax profit helped by robust pricing, improved project delivery and cost savings. The company, which works closely with leading motor manufacturers including General Motors Corp , Ford Motor Co and Honda also said it was actively cutting costs in ...

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