7 September 2022 - interim results

The marine service provider has released interim results covering the first half of 2022.  Revenue edged up to £238.4p (2021: £233.7m) and underlying profit before tax slipped to £4.8m from  £9.2m.  This saw underlying diluted earnings per share slip from 12.8p to 6.7p.  No interim dividend was declared (2021: nil).  Net debt as at 30 June 2022 was £172.4m (30 June 2021: £189.2m).  July and August trading was in line with expectations and there are strong order books in Offshore Oil and Marine Contracting.  We believe the . . .

This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.

Already a member, log in HERE.

Tagged: