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Capital Limited's Jamie Boyton sees a 'wave of demand' for its services later this year

Capital Ltd's (LON:CAPD) Jamie Boyton caught up with Proactive London's Andrew Scott after confirming a first-half revenue rise, with the second quarter beating management expectations. Capital owned 99 rigs at the end of June, up from 92 a year ago, and average utilisation was 57 compared to 48. Boyton says there's been no material disruptions to existing operations due to the COVID-19 pandemic.

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Price: 74.5 GBX

LSE:CAPD
Market: LSE
Market Cap: £102.05 m
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Capital Drilling Ltd chairman confident going into mining upturn

Jamie Boyton, chairman of Capital Drilling Ltd (LON:CAPD), says the firm is well positioned going into the mining upturn, both financially and operationally. After slimming down the cost base over the last few years, it now has a healthy balance sheet and 94 rigs in good working order, he...

on 08/18/2016

2 min read