Investor Centre

Investors Centre

Our ongoing commitment to quality, schedule, safety and customer service has ensured that the Company has continued to benefit from the strong support that we receive from our clients and encouraging levels of repeat business. Our strategy, based on sustainable and profitable growth, aims to secure value enhancement for our shareholders and other stakeholders.


Special Announcements



Lamprell plc announced the intention to raise equity through a rights issue on Friday 16 May 2014. Please click here to visit our dedicated microsite for details, including the announcement. Please note that content is restricted for certain audiences. Shareholders who have any questions regarding voting at the Extraordinary General Meeting or the Rights Issue should contact Capita Asset Services on 0871 664 0321, if calling from within the UK, or on +44 20 8639 3399, if calling from outside the UK.

Share Price

THE INVESTMENT PROPOSITION

Lamprell is a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industry.

Lamprell's market share remains strong in its core markets and the Company continues to see high levels of enquiries and bid activity with a robust pipeline of opportunities.

  • Order book of $ 0.9 billion (as at 31 December 2013)
  • Bid pipeline of $ 4.7 billion (as at 31 December 2013)

Lamprell saw high activity levels during 2013 and a focus on project execution:

–Strong operational performance during the year

–Further major projects successfully delivered during 2H 2013:

  • First Caspian Sea drilling rig
  • Jackup drilling rig to the Jindal Group
  • A set of process modules for a North Sea client

–22 upgrade and refurbishment projects during 2013

Lamprell is a well-established business with a long-standing reputation for high build quality, close client relationships and a good safety track record. The Group’s objective is to build on these qualities to ensure that Lamprell remains a competitive force in the industry capable of delivering sustainable growth over the long-term.

Lamprell has made significant progress in refocusing the business on its core activities and its objective is to capitalise on opportunities in those core markets where the business has strong established positions: new build rigs, offshore construction, rig refurbishment, liftboats and land rig services.