RE: Contract wins18 Dec 2025 11:53
Revenue to 3rd Q is about Β£29m, mkt cap only 13m here
previous contracts in addition to two recent ones - they did what they said they would - music to the ears.
Record order book and commercial momentum supports confident outlook
Securing higher volume and a balanced mix of work across Tekmar's end markets has been a primary objective for the business under the leadership of Richard Turner as CEO. The Board is very encouraged by the order book momentum the team is building and the progress being made.
Increasing order intake. Since 1 July 2025, Tekmar has secured new orders of c.Β£29m. Order book as at the date of this release is 60 per cent higher than the equivalent period one year ago and a record order book for the Company since its admission to AIM in 2018. These orders will be delivered over the 2026 and 2027 financial years.
Securing high-quality work and a balanced portfolio. The business is maintaining a disciplined commercial approach to projects and, as the volume of work grows, economies of scale give further opportunity for future margin development.
A significant number of contract wins have been secured since the end of June 2025 that demonstrate the balanced growth Tekmar is achieving across its core energy markets including: