BG's profit soars on high prices

Thu Jul 24, 2008 7:35am BST
 
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LONDON (Reuters) - Gas producer BG Group (BG.L) said net profits, excluding one-off items, beat forecasts to rise 97 percent to 807 million pounds in the second quarter thanks to high gas prices.

A Reuters poll of 7 analysts gave an average forecast of 783 million pounds for BG's second quarter net profits, excluding one-offs.

BG's net profit rose 59 percent to 747 million pounds.

(Reporting by Tom Bergin)

 
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