STOCKS NEWS EUROPE-May Gurney rises on positive trading update

Shares in May Gurney Integrated Services Plc rise as much as 10.7percent after the infrastructure and maintenance company's first-half updatereassures investors following the profit warning last month.

May Gurney says first-half trading has been in line with its expectations,the order book remain solid at 1.5 billion pounds ($2.40 billion), and issueshighlighted in September are being addressed.

"Following the shock profit warning and the sudden departure of the formerCEO last month, the group has tried to reassure the market today with a mildlypositive statement (the order book is solid and cash conversion remainsrobust)," says Investec Securities analyst John Lawson in a client note.

($1 = 0.6240 British pounds) For more, click on To see May Gurney 's statement, please click on Reuters messaging rm://shilpa.hinduja.thomsonreuters.com@reuters.net


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