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Pin to quick picksPlexus Share News (POS)

Share Price Information for Plexus (POS)

London Stock Exchange
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Share Price: 13.75
Bid: 13.50
Ask: 14.00
Change: 0.00 (0.00%)
Spread: 0.50 (3.704%)
Open: 13.75
High: 13.75
Low: 13.75
Prev. Close: 13.75
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Plexus interims promising as contract momentum builds

Thu, 27th Mar 2014 11:59

Encouraging first-half results from sub-sea oil drilling technology innovator Plexus saw a double-digit rise in profits as it diversified its contract base outside the UK's waters. Plexus, which was also buoyed by news that Chancellor George Osborne announced new Budget incentives to develop deepwater oilfields which requires its technology, lifted revenues 12% to £126m and pre-tax profits by 13% to £1.5m.The AIM-listed company won several new rental contracts from both existing and first time international oil and gas operators, including two from Statoil in the North Sea, plus a third Australian contract and two offshore Cameroon with Glencore. The sales mix showed the Rest of the World accounted for 49% of sales compared to 28% for the same period last year, with the second half already having seen a contract signed with Svensak for offshore Guinea Bissau. A further initiative to diversify revenue is a new Asian office in Singapore.The Plexus share price was up 3.4% to 281.13p at 12:15 on Thursday. OH
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2 Feb 2017 08:55

Plexus wins two-year contract extension from Brunei Shell Petroleum

(ShareCast News) - Oil and gas engineering service provider Plexus Holdings' existing contract to supply wellhead and mudline equipment to Brunei Shell Petroleum (BSP) has been extended by a further two years. This is the fourth contract that AIM-listed Plexus has signed with BSP and is an extension

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5 Jan 2017 09:02

Plexus Holdings wins second order from Masirah Oil

(ShareCast News) - Oil and gas engineering services business Plexus Holdings announced on Thursday it had been awarded an order for a second well from Masirah Oil, a British Virgin Islands-based company majority owned by leading technology driven oil and gas company REX International Holdings. The A

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1 Dec 2016 16:09

UK Shareholder Meetings Calendar - Next 7 Days

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31 Oct 2016 09:28

Plexus Holdings slips into losses but confident of oil rebound

(ShareCast News) - AIM-listed Plexus Holdings' revenue decreased due to the drop in oil prices and the reduction in the oil and gas engineer's drilling activities. The sharp fall in oil industry exploration activity following the slump in oil prices has seen the North Sea UK continental shelf especi

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13 Jun 2016 16:20

Plexus raises £6m to help it through downturn

(ShareCast News) - Oil and gas engineering services business Plexus Holdings announced on Monday it has agreed the terms of a conditional placing to raise £6m before expenses, by way of a placing of 9,230,770 new ordinary shares at a price of 65p each to new and existing investors. The AIM-traded fi

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13 Jun 2016 07:45

Plexus Raises GBP6 Million As It Looks To Replicate North Sea Success (ALLISS)

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4 May 2016 07:24

Plexus Wins GBP600,000 Contract From Existing Customer Offshore Norway

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26 Apr 2016 09:05

Plexus Raises Funds From Partner To Boost Russian Expansion (ALLISS)

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30 Mar 2016 10:05

Plexus Interim Loss Widens As Oil And Gas Downturn Tightens Its Grip

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1 Mar 2016 09:15

Plexus Secures New Order From Existing Customer Offshore Norway

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2 Feb 2016 09:59

Plexus Holdings Secures First Purchase Order For Asia Joint Venture

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26 Jan 2016 10:25

WINNERS & LOSERS SUMMARY: Marston's Merry Christmas Boosts Pub Stocks

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26 Jan 2016 10:18

Plexus plummets again despite Russian licensing deals

(ShareCast News) - Shares in Plexus Holdings followed their sizeable fall on Monday with a further 20% decline on Tuesday morning, despite announcing it will license-out its technology to two Russian oil drilling equipment manufacturers. In what is said was a "significant strategic milestone", Plexu

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26 Jan 2016 10:01

Plexus Signs Licensing Deal For Russian Market With Two Oil Firms

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25 Jan 2016 12:26

UPDATE: Plexus Issues Profit Warning As Revenue Is Set To Halve

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