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One in four manufacturers indicated that exports orders books were above normal industrial trends survey of the Confederation of British Industry (CBI), this month the exceeding the was lower by about one in five said the workflow.

Split meant the balance of the companies above the normal demand from abroad was 4pc suddenly on November less 7pc and playback higher since 1995.

Sterling fimbriated place on the back of the data, while the optimism about economic recovery also undermined the assets without danger of gilts, pushing yields - investors demand returns receive - 10 year UK gilt over 5pc 3 for the first time over four months.

In General, the order books also kept improving as they "normalized" - are quite close to zero to be regarded as a normal level – for the first time since more than two years.

The relevant balance was less 3pc, maximum of less 15pc in November.

Producers of goods due to improved more pronounced on November both the overall and export orders, survey over 400 firms found.

Reflecting the improved application, most manufacturers think now exit will increase during the next quarter - 13pc, balance compared to 4pc November, implying a sense has returned to levels seen earlier this year.

"These figures show that the recovery in the manufacturing sector is in progress," said Ian McCafferty, Senior Economic Advisor of the IWC.

"With total back to normal levels order books and overseas demand strong, United Kingdom manufacturing output growth prospects are encouraging."

The weak pound should keep underlying demand for exports of UK next year, he said.

Results come after official statistics showed that output UK plants grew at a monthly rate stronger within seven months in October.

Similarly, the recent Markit / CIPS purchasing managers (PMI) index show that in November the expansion of the activity in the sector is its strong in 16 years.

On the downside, the investigation of the IWC has shown inflationary pressures remained strong, with a balance between manufacturers planning 16pc prices within three months, similar to 17pc November.

Mr. said McCafferty, rising costs of oil and other price would mean cost pressures remain a concern.

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Questor says BUY

However, they had a very good run recently, surpassing the largest market after the company FTSE 100 in septembre.Il is likely that some short-term investors have decided to take profits.

Yesterday, Weir said that expected profits in the year being slightly ahead of forecasts.Profit before taxes in the second half of the year will be approximately the same as the first half.

Forecasts have increased since a certain to update the Quaestor temps.Depuis August 4, the consensus view to profit before taxes for the year increased by 278 million from ￡ 256 million from ￡ and earnings per share rose to 93.5 percent of 73.3%.

Indeed, forecasts are likely to increase nouveau.Les profit before taxes in the first half of the year arrived in 144 m ￡, thus implies a figure year-round 288 million from ￡.

It is also good news on the order entry in the first half of 2010 commandes.Forte led revenues for third quarter for each division is greater than the same period the year last in constant currency. This continuous after-market forcefully meant third quarter operating profits and margins has also increased.

Order entry for week 39 29 October increased 32pc.This represented an acceleration in the first half, where new orders increased by 24pc. Original material orders increased 44pc, in the first half, compared to 28pc and aforementioned orders increased 23pc compared to 22pc at the provisional stage.

The most recent quarter was particularly strong in the oil and gas.Order entry in the year so far increased 91pc, compared to 47pc provisoire.Ordres stage were particularly strong in the downstream sector is refining and distribution.

Questor likes also small acquisition India business earlier this year - which gave a salient in this important market with lots of potentiel.Le group bought BDK Engineering Industries, based in the State of the South of the Karnataka.Il also spent $172.5 m (￡ 107 6 m) Malaysia Linatex-based purchase this year, which makes it hard-port rubber seals.

Weir has also refinanced its debt which matures year next with a new installation of 800 m $.the net debt 1 October was higher than that reported its mainly attributable to the acquisition of Linatex intervals and roulement.La Weir July 2 net debt fund investments increase amounted to ￡ 97.7 m, therefore the balance seems to still strong.

Weir shares are trading on December 2010 multiple 16 times earnings, falling to 14.7 year prochaine.Ils are up to 39pc because they recommended June 17 at ￡ 11.02 compared to a market of 9pc.Acheter.

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