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Rig maker Lamprell's 2014 pretax profit more than doubles

Thu, 19th Mar 2015 07:29

March 19 (Reuters) - Oil rig maker Lamprell Plc's 2014 pretax profit more than doubled, helped by a steady streamof project deliveries.

Lamprell, which warned that its revenue would be lower in2015, said pretax profit was $93.7 million, compared with $37.8million a year earlier.

Revenue for the year ended Dec. 31 rose 1 percent to $1.08billion. (Reporting by Abhiram Nandakumar in Bengaluru; Editing byAnupama Dwivedi)

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