The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen 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: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.50 (5.714%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 9.00
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
17 Jun 2022 12:19

IN BRIEF: Harland & Wolff faces strike at Methil facility

Harland & Wolff Group Holdings PLC - Belfast-based offshore construction company - Says local representatives of the trade unions GMB and Unite have decided to call a "wildcat strike" of the workforce at its Methil facility in Scotland. Explains that it sought legal advice and is convinced that the strike is illegal. Plans to engage in discussions with the local trade union representatives in order to reach a "mutually agreed position" and start negotiations on a collective bargaining deal as quickly as possible.

Read more
10 Jun 2022 14:29

Harland & Wolff completes work on vessel as it builds growing pipeline

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday said that works on the Queen Victoria vessel were complete, as it looks forward to building its pipeline in the cruise industry.

Read more
1 Jun 2022 12:12

Harland & Wolff buys vessel from MoD; secures GBP8.5 million contract

(Alliance News) - Harland & Wolff Group Holdings PLC on Wednesday said it bought a former mine hunting class vessel from the UK Ministry of Defence and reported a contract win for barges fabrication.

Read more
23 May 2022 11:24

IN BRIEF: Harland & Wolff loss widens in 17-month period

Harland & Wolff Group Holdings PLC - Belfast-based offshore construction company - Posts results for the 17-month period ended December 31, 2021 compared to 12 months ended July 31, 2020.

Read more
13 Apr 2022 19:46

TRADING UPDATES: McKay backs Workspace offer; IOG fixes Blythe fault

(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
11 Apr 2022 18:03

IN BRIEF: Harland & Wolff wins dry dock contract for two cruise ships

Harland & Wolff Group Holdings PLC - Belfast-based offshore construction company - Says its subsidiary, Harland & Wolff Belfast Ltd, has ben awarded a dry dock contract for two cruise ships from P&O Cruises and Cunard. The ships will occupy the Belfast drydock for 33 days. Company says the ships mark "another milestone" in its "re-activation strategy". Harland & Wolff does not disclose the financial details of the contract.

Read more
31 Mar 2022 21:06

TRADING UPDATES: Valeura and Mast Energy losses widen; Altitude upbeat

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

Read more
18 Mar 2022 14:15

EXECUTIVE CHANGES: Polymetal adds 4 directors to replace 6 departures

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News:

Read more
16 Mar 2022 15:11

IN BRIEF: Harland & Wolff confirms no legal action against subsidiary

Harland & Wolff Group Holdings PLC - Belfast-based specialist in ship repair, conversion and offshore construction - Responds to recent speculation and states that there is no legal action being taken against its subsidiary Harland & Wolff Methil Ltd by Her Majesty's Revenue & Customs.

Read more
9 Mar 2022 17:56

IN BRIEF: Harland & Wolff signs USD70 million green loan facility

Harland & Wolff Group Holdings PLC - Belfast-based specialist in ship repair, conversion and offshore construction - Enters USD70 million green term loan facility, which will go towards supporting its working capital and expenses for the fabrication of wind turbine generator jackets for the NnG offshore wind project.

Read more
23 Nov 2021 20:27

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

Read more
22 Nov 2021 20:19

TRADING UPDATES: Big Yellow boosts payout; Grafenia loss narrows

TRADING UPDATES: Big Yellow boosts payout; Grafenia loss narrows

Read more
11 Nov 2021 19:43

TRADING UPDATES: Beximco profit rises; Tremor buoyant as sales rise

TRADING UPDATES: Beximco profit rises; Tremor buoyant as sales rise

Read more
8 Nov 2021 21:59

TRADING UPDATES: Centrica picks up customers; Touchstone strikes oil

TRADING UPDATES: Centrica picks up customers; Touchstone strikes oil

Read more
1 Nov 2021 16:03

Harland & Wolff annual loss widens as shipyard costs increase

Harland & Wolff annual loss widens as shipyard costs increase

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.