(Alliance News) - Tekmar Group PLC on Wednesday said it has won a "significant" new contract award with a leading international engineering procurement and construction contractor. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - London blue chips opened lower on Tuesday after gold prices reached a new record high, as investors turn to the safe haven metal amid potential US rate cuts and continued trade tensions. Read More
Tekmar Group PLC - Newton Aycliffe, England-based technology and services provider for the offshore energy industry - Philip Lanigan becomes the firm's new chief financial offer with immediate effect, replacing Leanne Wilkinson. Tekmar had previously reported Lanigan would take over the role on August 31. Lanigan was formerly CFO for energy services firm CRC Evans, which was formed from the oil and gas interests of Stanley Black & Decker Inc. Read More
Tekmar Group PLC - Newton Aycliffe, England-based technology and services provider for the offshore energy industry - Says it secured two "significant" offshore grouting contracts in Qatar, supporting subsea infrastructure inspection maintenance & repair campaigns. The total value of the contracts is about USD1.6 million, with the combined scope including the provision of pipeline support remediation works. The contracts are with two existing customers. Mobilisation starts immediately, with the work expected to complete by the end of October. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mostly lower, after Wednesday saw investors taking stock of US President Donald Trump's latest tariff-related moves ahead of Federal Reserve meeting minutes due at 1900 UK time. Read More
(Alliance News) - Tekmar Group PLC on Wednesday said it has won a contract to supply subsea infrastructure technology for a pipeline project in the Middle East. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Tekmar Group PLC on Thursday said it expects second half order intake to be strong after a sluggish first half which saw the firm report a widened loss and lower sales. Read More
(Alliance News) - Tekmar Group PLC on Monday announced it has won a new contract to provide grouting services for the Inch Cape Offshore Wind Farm, off the east coast of Scotland. Read More
Tekmar Group PLC - Newton Aycliffe, England-based technology and services provider for global offshore energy markets - announces it has received the final deferred consideration payment of GBP0.5 million relating to the Subsea Innovation Ltd divestment to Unique Group for GBP1.9 million in May 2024. Read More
(Alliance News) - Tekmar Group PLC on Thursday said it has reached a commercial settlement with an unnamed customer, in relation to legacy defect notifications. Read More
Tekmar Group PLC - Newton Aycliffe, England-based technology and services provider for global offshore energy markets - Pretax loss from continuing operations narrows to GBP4.5 million in the year to September from GBP8.5 million a year prior, despite revenue falling to GBP32.8 million from GBP35.6 million. Bottom line benefits from fall in cost of sales to GBP22.3 million from GBP27.3 million, and lower administrative expenses. A refreshed three-year strategy is in-place under new Chief Executive Richard Turner, focused on achieving greater scale through accelerated profitable organic growth and complementary M&A. Tekmar says the board is actively assessing M&A opportunities and is "encouraged" that the market environment is improving. Believes a reasonable expectation is for earnings before interest, tax, depreciation and amortisation for financial 2025 to be consistent with financial 2024, with Ebitda to be second half weighted. Adjusted Ebitda in the year to September was GBP1.7 million, multiplied from GBP0.6 million a year ago. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - Tekmar Group PLC on Monday said it has been awarded a new contract as part of a "landmark project" in the UK, as the firm looks to "outperform an improving and growing market". Read More
(Alliance News) - Tekmar Group PLC on Monday said it expects to report higher adjusted earnings despite a contraction in revenue, citing sub-scale order intake amid a significant improvement in gross profit margin. Read More