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Tekmar Group (TGP) Share News

IN BRIEF: Tekmar hails two offshore grouting contracts in Qatar

18th Aug 2025 13:28

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

EXECUTIVE CHANGES: Manolete founder departs; Oberon hires from Odey

13th Aug 2025 13:22

(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

LONDON MARKET CLOSE: Stocks mixed as Trump tariff tensions continue

9th Jul 2025 17:02

(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

Tekmar wins GBP2.0 million contract for Middle East pipeline project

9th Jul 2025 13:18

(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

AIM WINNERS & LOSERS: Shearwater to beat consensus; Tekmar wins deal

9th Jul 2025 10:24

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More

Tekmar banks on strong pipeline after first-half order flow slows

26th Jun 2025 13:43

(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

Tekmar shares climb as secures grouting services contract in Scotland

12th May 2025 13:17

(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

IN BRIEF: Tekmar receives final referred consideration for Subsea deal

9th May 2025 21:44

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

Tekmar reaches commercial settlement for legacy defect claim

20th Mar 2025 14:06

(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

UK shareholder meetings calendar - next 7 days

20th Mar 2025 13:55

UK shareholder meetings calendar - next 21 days

6th Mar 2025 13:48

IN BRIEF: Tekmar assessing M&A opportunities as annual loss narrows

4th Mar 2025 15:33

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

DIRECTOR DEALINGS: Canal+ board member and new Tekmar CEO buy shares

29th Jan 2025 13:28

(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

Tekmar inks GBP5 million contract for offshore windfarm project

27th Jan 2025 11:52

(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

Tekmar expects to report lower revenue due to challenging market

2nd Dec 2024 12:06

(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

IN BRIEF: Tekmar hails contract awards worth over GBP1.5 million

18th Nov 2024 13:51

Tekmar Group PLC - Darlington, England-based technology and services provider for global offshore energy markets - Announces contract awards worth over GBP1.5 million to deliver specialised offshore grouting services in partnership with Engineering, Procurement, Installation and Commissioning contractors. The projects are located in the Middle East with existing customers. Chief Executive Officer Richard Turner says: "Grouting services are a central part of Tekmar's service offering and growth strategy and we are committed to further expanding our grouting solutions to support offshore infrastructure resilience and client requirements worldwide. These contract awards highlight the customer value of our advanced grouting capabilities and also aligns with the group's goal to drive innovation and sales growth in this critical service line." Read More

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