Tekmar Group plc

TGP

GB00BDFGGK53

Construction & Engineering

Market Closed - London S.E. Other stock markets 11:35:16 2024-04-26 am EDT			5-day change	1st Jan Change
9.25 ^GBX	0.00%		0.00%	-9.76%

Apr. 08	Tekmar inks new energy infrastructure contracts totalling GBP6 million	AN
Apr. 08	Tekmar Group plc's Offshore Wind Business Secures A Contract Award of Approximately £2 Million	CI

Tekmar Group rises on GBP2.5 million contract

November 16, 2023 at 07:14 am EST

Tekmar Group PLC - Darlington, England-based provider of technology and services for global offshore energy markets - Inks new contract worth over GBP2.5 million. The contract is for the design and supply of TekDuct, one of Tekmar Group's cable protection products, ballast modules and associated ancillaries for a significant subsea project in the Middle East and is expected to be delivered in the second quarter of 2024.

Chief Executive Alasdair Macdonald says: "This contract highlights our strong position in the Middle East, a strategically important market for us, where we are well positioned to support our customers' complex engineering requirements in the region. We look forward to supporting our partners in successfully delivering this project."

Current stock price: 11.00, up 10% on Thursday in London

12-month change: up 19%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Tekmar Group plc

Tekmar inks new energy infrastructure contracts totalling GBP6 million	Apr. 08	AN
Tekmar Group plc's Offshore Wind Business Secures A Contract Award of Approximately £2 Million	Apr. 08	CI
Tekmar annual loss balloons amid cost increase; eyes adjusted profit	Mar. 04	AN
Earnings Flash (TGP.L) TEKMAR GROUP Reports FY23 Revenue GBP39.9M	Mar. 04	MT
Earnings Flash (TGP.L) TEKMAR GROUP Reports FY23 Loss GBX-10.69	Mar. 04	MT
Tekmar Group plc Reports Earnings Results for the Full Year Ended September 30, 2023	Mar. 04	CI
Tekmar jumps on GBP3.5 million contract win	Jan. 04	AN
Tekmar Group Bags Supply Deal for Cable Protection System; Shares Jump	Jan. 04	MT
Tekmar Group plc Announces Significant New Contract Award	Jan. 04	CI
Chamberlin sees "new levels of growth" thanks to record November	Dec. 15	AN
Tekmar Group rises on GBP2.5 million contract	Nov. 16	AN
Tekmar Group plc Announces New Contract Award with A Total Value in Excess of £2.5 Million	Nov. 16	CI
Billington on track to beat 2023 expectations	Nov. 14	AN
Tekmar Group Unit to Purchase Remaining Stake in Ryder Geotechnical	Nov. 14	MT
Tekmar Group Extends GBP7 Million Loan Facilities; Shares Gain	23-07-28	MT
Tekmar agrees banking facilities renewals; trading in line	23-07-28	AN
Tekmar Group Agrees With Barclays Renewal Of Existing Banking Facilities	23-07-28	RE
Tekmar Group plc Reaffirms Earnings Guidance for the Financial Year to September 2023	23-07-28	CI
FTSE 100 Closes Down 0.1% Amid UK Interest Rate Hike Fears	23-06-21	DJ
UK Public Finances Overshoot Give Chancellor Little Room for Giveaways	23-06-21	DJ
Shock inflation reading puts pressure on BoE	23-06-21	AN
Tekmar shares surge as interim loss narrows on revenue jump	23-06-21	AN
Earnings Flash (TGP.L) TEKMAR GROUP Posts Fiscal H1 Revenue GBP17.7M	23-06-21	MT
Earnings Flash (TGP.L) TEKMAR GROUP Posts Fiscal H1 Loss GBX-2.87	23-06-21	MT
Tekmar Group plc Reports Earnings Results for the Half Year Ended March 31, 2023	23-06-21	CI

Chart Tekmar Group plc

Duration

Period

More charts

Company Profile

Tekmar Group plc is a United Kingdom-based provider of technology and services for the offshore energy markets. The principal activity of the Company and its subsidiaries include design, manufacture and supply of subsea stability and protection technology, including associated subsea engineering services, operating across the global offshore energy markets, predominantly offshore wind. The Company collaborates with its partners to deliver sustainable engineering led solutions that enable the energy transition. Through its Offshore Energy and Marine Civils Divisions it provides a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure. Its capabilities include geotechnical design and analysis, simulation and engineering analysis, bespoke equipment design and build, subsea protection technology and subsea stability technology. It serves telecommunications and interconnectors markets.

Sector

Construction & Engineering

Calendar

2024-06-09 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Annual profits - Rate of surprise

Company calendar

Sector Other Construction & Engineering

	1st Jan change	Capi.
TEKMAR GROUP PLC	-9.76%	15.68M
VINCI	-2.29%	67.67B
LARSEN & TOUBRO LIMITED	+2.13%	59.37B
QUANTA SERVICES, INC.	+21.25%	38.3B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	+11.23%	30.73B
FERROVIAL SE	+2.06%	26.35B
CHINA RAILWAY GROUP LIMITED	+22.89%	22.01B
WSP GLOBAL INC.	+15.06%	19.47B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED	+22.99%	17.6B
EMCOR GROUP, INC.	+64.33%	16.64B

Other Construction & Engineering

Tekmar Group plc

Equities

TGP

GB00BDFGGK53

Construction & Engineering

Tekmar Group rises on GBP2.5 million contract

Latest news about Tekmar Group plc

Chart Tekmar Group plc

Company Profile

Income Statement Evolution

Annual profits - Rate of surprise

Sector Other Construction & Engineering