The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLAM.L Share News (LAM)

  • There is currently no data for LAM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Lamprell chairman buys shares as full-year profits double

Thu, 19th Mar 2015 16:16

The non-executive chairman of Lamprell bought some shares in the group after reporting that its full-year profits more than doubled thanks to strong project deliveries.John Kennedy purchased 18,505 shares for an individual price of 101.04p, spending a total of £18,697.Following the purchase, Kennedy holds 1.6m shares in the energy group.On Thursday, the group released its results for 2014, where it saw its profits before tax rise to $93.7m from $37.8m the year before.Kennedy said 2014 was a year of "outstanding performance", driven by costs savings and favourable phasing of the construction cycles.Top Director Buys1pm (OPM) Director name: Mr Ronald RussellAmount purchased: 40,000 @ 54.48p Value: £21,7881pm (OPM) Director name: Mr Ronald RussellAmount purchased: 40,000 @ 54.48p Value: £21,788Lamprell (LAM) Director name: Mr John KennedyAmount purchased: 18,505 @ 101.04p Value: £18,697IMI (IMI) Director name: Mr Roberto QuartaAmount purchased: 1,053 @ 1,353.50p Value: £14,252Top Director SellsPartnership Assurance Group (PA.) Director name: Dr Ian OwenAmount sold: 1,400,000 @ 141.46p Value: £1,980,440
More News
30 Jun 2021 13:44

Wednesday broker round-up

(Sharecast News) - Workspace: RBC Capital Markets upgrades to outperform with a target price of 1,050p.

Read more
30 Jun 2021 09:01

Canaccord Genuity lowers target price on Lamprell

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on oil rig construction business Lamprell from 90.0p to 75.0p on Wednesday after the firm announced a $120.0-150.0m capital raise requirement by the end of the third quarter.

Read more
29 Jun 2021 10:03

Lamprell tumbles as it warns of 'severe liquidity constraints'

(Sharecast News) - Lamprell shares tumbled on Tuesday as the oil and gas services group warned of "severe liquidity constraints" and said creditor payments were being deferred to maintain liquidity.

Read more
5 Oct 2020 12:58

Monday broker round-up

(Sharecast News) - Experian: Morgan Stanley upgrades to overweight with a target price of 3,330.0p.

Read more
13 May 2020 10:14

Lamprell warns of going concern doubts as loss widens

(Sharecast News) - Lamprell warned there were material doubts about its position as a going concern as the oil rig builder's annual loss more than doubled.

Read more
23 Mar 2020 08:05

UPDATE 2-British companies mothball results after regulators call for delay

* In unprecedented move, FCA asks firms to delay results* Delay to better understand impact of coronavirus on operations* Kingfisher, AG Barr, Mears Group, Lamprell impacted* Hong Kong, Spain have taken similar measures (Recasts, adds detail on sim...

Read more
23 Mar 2020 08:05

UPDATE 3-British companies mothball results as virus shreds financial market rulebook

* In unprecedented move, FCA asks firms to delay results* Delay to better understand impact of coronavirus on operations* Kingfisher, AG Barr, Mears Group, Lamprell impacted* Hong Kong, Spain have taken similar measures* For FACTBOX on delays: (Rec...

Read more
23 Mar 2020 08:05

UPDATE 1-British companies mothball results after regulators call for delay

* FCA asks firms over the weekend to delay results* Delay to better understand impact of coronavirus on operations* Kingfisher, AG Barr, Mears Group, Lamprell impacted (Adds more companies, background, context, bullet points)By Simon Jessop and Huw...

Read more
20 Jan 2020 10:54

Lamprell secures $350m drilling rig contract

(Sharecast News) - Oil rig manufacturer Lamprell has been formally awarded a $350m (£269.50m) contract to make and deliver two jack-up drilling units with International Maritime Industries (IMI).

Read more
16 Jan 2020 12:41

Lamprell sees 2019 revenue at bottom end of guidance

(Sharecast News) - Lamprell cautioned on Thursday that 2019 revenue was set to be at the bottom end of its guidance range, with major project flow in the oil and gas segment still slow.

Read more
26 Sep 2019 15:49

Canaccord anticipates more favourable winds for Lamprell

(Sharecast News) - Analysts at Canaccord Genuity lowered their price target on oil rig construction business Lamprell from 105p to 90p on Thursday, noting that the UAE-based firm's first-half results were "little to write home about", but sounded a very upbeat note on the outlook for the firm's Saudi Long-Term Agreements and for offshore wind.

Read more
19 Sep 2019 11:45

Lamprell interim losses widen as revenue drops

(Sharecast News) - Lamprell posted a widening of its first-half losses on Thursday as revenue fell and the oilfield services company said it was focused on oil and gas opportunities in the Middle East and Europe.

Read more
19 Sep 2019 10:53

Lamprell Focused On New Contract Wins As Revenue Falls Once Again

(Alliance News) - Oilfield services firm Lamprell PLC is looking to win new work in the Middle East and Europe, it said Thursday, after a 31% fall in interim revenue.Lamprell posted revenue

Read more
12 Sep 2019 16:21

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 13 September  JD WetherspoonFull Year ResultsSthreeQ3 Enterprise Investment

Read more
2 Aug 2019 11:10

WINNERS & LOSERS SUMMARY: IAG Takes Off Despite Higher Fuel Costs

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------International up -

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.