Previous Camco posts on CI:* Sees 6 mln euros reduction in expected revenue
* Sees related reduction in expected net income
* To achieve maiden pretax profit for 2008
Jan 5 (Reuters) - UK-based carbon offset firm Camco International (CAMIN.L) cut its full-year outlook, partly due to the delay in the sale of a portfolio of carbon credits and deterioration in its consulting business.
The company anticipates a reduction of 6 million euros ($8.36 million) in expected full-year revenue and a related reduction in expected net income.
But Camco, which saw lower-than-anticipated issuance of carbon credits for 2008, said it still expected to achieve an overall maiden pretax profit for the year ended Dec 31, 2008....MORE
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