21 Feb 2020 13:11
Fulcrum Utility Services Hires Ian Pattison As Interim Finance Head
Fulcrum Utility Services Hires Ian Pattison As Interim Finance Head
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Don't have an account? Click here to register.Cape secures scaffolding contract in Saudi Arabia
Tue, 17th Jan 2017 07:55
(ShareCast News) - Cape, which provides critical industrial services to the energy and natural resources sector, has secured a scaffolding contract in Saudi Arabia from Daewoo.The company's Saudi operations have received a scaffold contract amendment to provide for an increased scope of 107,000 square metres of suspended scaffold and 182,000 cum tower scaffold with an extended hire term for the Jazan project.Saudi Aramco's Jazan Refinery and Terminal is being constructed on the southern coast of the Red Sea and coastal part of the City of Bish.Daewoo E&C's plant construction projects are delivering a major role along with JGC in JRTP for Saudi Aramco.Cape, which operates as Cape RB Hilton in Saudi Arabia, has developed a successful relationship with Daewoo in delivering the original scope and said it is "delighted" to secure this amendment award and strengthen the business ties of both organisations.Paul Cockerill, managing director KSA & Bahrain, said: "This subcontract amendment award is an important win for Cape RB Hilton and firming up our service offering with Daewoo E&C. It is the result of commitment to deliver a safe and reliable service to our customer. This increase in value of existing ongoing work plays a key share for our revenue in 2017."
More News
5 Jan 2017 07:50
Cape sees FY results 'materially ahead' of current views
(ShareCast News) - Cape said on Thursday that its full-year results for 2016 are likely to be "materially ahead" of current market expectations, as it announced the award of additional work packages on the Chevron-operated Wheatstone natural gas project. The company, which provides critical industr
Read more2 Dec 2016 14:49
Friday broker round-up
(ShareCast News) - John Menzies: Berenberg starts coverage at buy with a target price of 660p. Synthomer: Jefferies stays at hold 367p target. WPP: Deutsche Bank reiterates buy with a 1890p target. MCBride: Berenberg starts coverage at buy with a 220p target. Acacia Mining: Canaccord stays at ove
Read more18 Nov 2016 08:57
Cape warns of increased risks from asbestos litigation claims
(ShareCast News) - Although its full year results are likely to beat market expectations, shares in Cape have fallen to their lowest in seven and a half years as the industrial services group warned of "increased risk" of adverse impact from industrial disease litigation claims over its old asbestos
Read more23 Aug 2016 11:33
Cape has mixed first six months due to weak UK business
(ShareCast News) - Cape, an international provider of industrial services to the energy and natural resources sector, reported mixed results for the first half of the year due to weaknesses in the UK business, but maintained that full-year expectations were unchanged. For the six months ended 3 July
Read more23 Aug 2016 07:42
BUZZ-Cape: falling profit hits shares
** Cape -3.1 pct, within touching distance of a multi-year low ** Co, which provides insulation and coatings to the energy sector, says H1 PBT from cont ops down to 1.4 mln stg vs 17.6 mln stg last year ** H1 revenue up 10 pct, driven by Asia Pacific business, but says weaker-than-exp
Read more24 Jun 2016 06:38
17 Jun 2016 15:07
12 May 2016 15:15