CORRECTED - UPDATE 1-Chloride H1 pretax falls 16 pct; confident on year
(Corrects first bullet point to pretax from operating profit)
* H1 adjusted pretax profit 16.2 mln stg vs 19.2 mln
* Interim dividend up 3 pct at 1.9 pence
* Says trading in line
LONDON, Nov 2 (Reuters) - British power protection company Chloride Group (CHLD.L: Quote, Profile, Research) posted a 16 percent drop in adjusted pretax profit on Monday, but said it was confident about its prospects for the year.
The company, which protects against power shortages at Heathrow Airport's Terminal 5 and Arsenal soccer club's Emirates stadium in London, posted adjusted pretax profit of 16.2 million pounds ($26.6 million) on sales broadly flat at 152.7 million pounds.
"We enter the second half with good order book coverage, and with trading in with expectations," Chief Executive Tim Cobbold said in a statement. Continued...
Greek crisis sets euro zone enlargement back
The Greek debt crisis has dealt a setback to prospects of enlarging the euro zone by highlighting the difficulties of managing the single currency area. Full Article
Good for Afghanistan efforts
An easing of tension between India and Pakistan should help U.S.-led efforts to stabilise Afghanistan. Full Article
