GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHarland & Wolff Share News (HARL)

Share Price Information for Harland & Wolff (HARL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9.00
Bid: 8.75
Ask: 9.25
Change: 0.25 (2.86%)
Spread: 0.50 (5.714%)
Open: 9.00
High: 9.125
Low: 8.875
Prev. Close: 8.75
HARL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Harland & Wolff interim revenue climbs

Fri, 30th Sep 2022 17:32

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

----------

Harland & Wolff Group Holdings PLC - London-based offshore construction company - Revenue in first six months of the year climbs to GBP15.4 million from GBP4.1 million last year. Pretax loss widens to GBP17.6 million from GBP9.3 million last year. Says it will not declare an interim dividend. Continues to maintain full-year revenue guidance of between GBP65 million and GBP75 million by the end of financial year 2022. Says it is seeing a "significant" increase in revenue from key projects that were contracted at the beginning of third quarter, as well as the fourth quarter being the "peak" cruise and ferry repair season. "After a slow start this year, we have now gained significant momentum with the rapid execution of three major contracts. As we announce these interim results, we have a backlog of over GBP100 million, a record level for the company, affording us strong future visibility of revenue.," says Chief Executive John Wood.

-----------

Challenger Energy Group PLC - Caribbean and Atlantic-margin focused oil and gas company - Says net petroleum revenue in first half of 2022 was up to USD2.7m compared to USD2.3 million in the same period in 2021. Swings to pretax profit USD4.3 million, compared to a loss of USD11.8 million last year. Finance costs fall to USD275,000 from USD5.5 million year-on-year.

----------

IDE Group Holdings PLC - Edinburgh-based network, cloud and IT managed services - Posts revenue for first six months of 2022 of GBP6.7 million compared to GBP7.6 million last year. Pretax loss widens to GBP1.2 million from GBP120,000 in 2021. Says it is pleased with trading as it builds towards a profitable cash year. Expects full-year financial year 2022 results to be in line with financial year 2021 results, on a like for like basis. "The first six months of the year has been a period of laying the foundations for future growth, following the disposal of the Connect division. The group has taken advantage of this period to continue to restructure the operational side of the business and focus on expanding our network of partners," says Non-Executive Chair Andy Parker.

----------

Mirada PLC - Surrey, England-based broadcasting technology firm - Revenue in financial year to March 31 falls to USD11.0 million, from USD11.1 million last year. Pretax loss narrows to USD2.9 million from USD3.2 million. Financial year 2022 staff costs narrow to USD6.5 million from USD7.1 million, whilst total admin expenses narrow to USD13.0 million from USD13.4 million. Says outlook remains unchanged and that the new financial year will be "one of significant commercial progress". Adds that it has a "record" sales pipeline. "We have invested heavily and developed several strategic initiatives ahead of the curve that position us at the centre of emerging TV and video service trends. Assuming the worst of the pandemic is now behind us, I am confident Mirada is equipped to return to its pre-Covid trajectory and grow in a meaningful and sustainable way," Chief Executive Jose-Luis Vazquez adds.

----------

By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
9 Nov 2022 13:09

Harland & Wolff enters term sheet to refinance credit lines

(Sharecast News) - Strategic infrastructure and physical asset management specialist Harland & Wolff has entered into an exclusive term sheet with Astra Asset Management UK, it announced on Wednesday, for the proposed refinancing of its credit lines.

Read more
7 Nov 2022 11:43

IN BRIEF: Harland & Wolff Group Islandmagee court hearing delayed

Harland & Wolff Group Holdings PLC - London-based offshore construction company - Says court has delayed its hearing for its Northern Island-based Islandmagee gas storage project, so all affidavits could be submitted in "good order". An affidavit is a sworn written statement used in legal proceedings.

Read more
27 Oct 2022 21:41

CORRECT: Nanoco files suit; Harland & Wolff activates facility

(Correcting name of Bluejay Mining director who resigned.)

Read more
26 Oct 2022 21:14

TRADING UPDATES: Nanoco files suit; Harland & Wolff activates facility

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
23 Aug 2022 08:48

IN BRIEF: Harland & Wolff's Arnish wins export deal with mining firm

Harland & Wolff Group Holdings PLC - London-based offshore construction company - Says its Arnish yard has won an export contract with unnamed Greenland-based mining company. Says work will involve fabricating four ground anchor frames and A-space frames, along with other steel components. Harland & Wolff says these frame components will "make up part of the barge mooring system located at the Greenland based mine and will allow the barges to moor at the quayside."

Read more
16 Aug 2022 15:17

Harland & Wolff maintains guidance, looks to strong growth

(Sharecast News) - Harland & Wolff maintained its guidance for the current year on Tuesday, having won three material contracts in quick succession, being the first phase of Cory at £8.5m, the second phase at £9.6m, and the M55 regeneration programme at £55m.

Read more
16 Aug 2022 15:17

Harland & Wolff maintains guidance, looks to strong growth

(Sharecast News) - Harland & Wolff maintained its guidance for the current year on Tuesday, having won three material contracts in quick succession, being the first phase of Cory at £8.5m, the second phase at £9.6m, and the M55 regeneration programme at £55m.

Read more
16 Aug 2022 10:42

Harland & Wolff "remains comfortable" with financial 2022 guidance

(Alliance News) - Harland & Wolff Group Holdings PLC on Tuesday said it "remains comfortable" with market guidance for financial year 2022 and outlined its plans for the next two years.

Read more
19 Jul 2022 11:15

Harland & Wolff wins second contract with Cory worth GBP9.6 million

(Alliance News) - Harland & Wolff Group Holdings PLC on Tuesday said it has won an additional contract with Cory Group for the fabrication of 12 barges.

Read more
13 Jul 2022 13:04

Harland & Wolff wins £55m defence contract

(Sharecast News) - Maritime infrastructure company Harland & Wolff Group has been awarded the M55 regeneration programme contract by the Ministry of Defence, it announced on Wednesday, on behalf of the Lithuanian Defence Materiel Agency (DMA) after a competitive bid process.

Read more
13 Jul 2022 12:05

LONDON MARKET MIDDAY: Markets uneasy ahead of US inflation data

(Alliance News) - European stocks stumbled into the afternoon in negative territory on Wednesday, with equities showing signs of discomfort ahead of a US inflation print later.

Read more
13 Jul 2022 11:22

Harland & Wolff shares surge on GBP55 million defence contract win

(Alliance News) - Harland & Wolff Group Holdings PLC on Wednesday said it is delivering a vessel to the Lithuanian Navy after winning a contract from the UK's defence equipment sales authority, part of the Ministry of Defence.

Read more
29 Jun 2022 21:29

TRADING UPDATES: Aquila closes acquisition; Mila's "impressive" assays

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
17 Jun 2022 15:55

UPDATE: Strike action called off at Harland & Wolff's Methil facility

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday said that strike action at its Methil facility has been called off.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.