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Pin to quick picksRa Internation. Share News (RAI)

Share Price Information for Ra Internation. (RAI)

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Share Price: 7.75
Bid: 7.50
Ask: 8.00
Change: 0.00 (0.00%)
Spread: 0.50 (6.667%)
Open: 7.75
High: 7.75
Low: 7.75
Prev. Close: 7.75
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RA International score government contract as revenue backlog tops $150m

Mon, 24th Jun 2019 08:10

(Sharecast News) - RA International has been awarded a Government contract worth as much as $9m that will see the firm provide construction and facilities management services over the next three years.The AIM-listed group inked the contract, which was originally expected to close in the second half of 2018, on Monday, while work itself will not kick off until the second half of its current trading year.In terms of current trading, RA International, which provides services to remote locations in Africa and the Middle East, said its year-to-date performance had been "encouraging", with further progress made in line with its strategy of bidding for larger contracts across three service channels, diversifying its geographical presence and broadening its customer base.RA also noted that continued investment was being made in infrastructure and personnel to ensure it was in "a strong position to capitalise on opportunities and expand its footprint" going forward.The company also highlighted the fact that its revenue backlog presently stood at over $150m - an already sufficient amount to meet its revenue expectations for 2019.Chief executive Soraya Narfeldt said: "As last year, we expect financial performance to be weighted in the second half of the year, but we are confident in delivering on market expectations for 2019."The outlook for RA International is positive; we have been shortlisted to tender for several major contracts and we have the platform from which to capitalise on the opportunities available to us."As of 1035 BST, RA shares had climbed 4.34% to 49.56p.
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24 Oct 2018 08:02

RA International awarded contract in Somalia with Aecom subsidiary

(Sharecast News) - Remote location services provider RA International has been awarded a contract by URS Group, a subsidiary of AECOM, to provide construction services in Somalia, it announced on Wednesday.

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19 Sep 2018 10:10

RA International Profit Drops On Revenue Weakness, London Listing Cost

LONDON (Alliance News) - RA International Group PLC said Wednesday its interim profit narrowed sharply as revenue dropped and amid cost-associated with its recent London listing.RA builds a

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12 Sep 2018 16:00

UK Earnings, Trading Statements Calendar - Next 7 Days

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16 Aug 2018 15:41

RA International secures five-year contract for two camps in Somalia

(Sharecast News) - Remote location services provider RA International Group has secured a "significant" new five-year contract for the electrical works and construction of power infrastructure for the United Nations Support Office and African Union Mission in Somalia camps, both in Somalia, it announced on Thursday.

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15 Aug 2018 11:51

Bluejay Mining Appoints Ian Henderson As Non-Executive Director

LONDON (Alliance News) - Bluejay Mining PLC said Wednesday it appointed Ian Henderson as non-executive director with immediate effect.The miner, with projects in Greenland and Finland, said

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