26 August 2025 - interim results
The subsea technology group has announced its interim results for the six months to 30 June and these have revealed that revenues for the period rose 23.2% to £99.1m helped by the acquisition of Seatronics and J2 Subsea last November. Adjusted pre-tax profit for the period rose by 10% to £21.6m (2024: £19.6m) and adjusted earnings per share rose to 21.9p (2024: 19.1p) - as usual, no interim dividend was declared. These figures are reassuring following last month's profit warning which caused the share price to slump. At . . .
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