Financial Highlights

Lamprell has delivered significant revenue growth since 2000 with revenues of $25.3 million growing to $425.5 million in 2009.
Group revenue has grown over 17 fold from 2000 to 2009 with peak revenues achieved of $740.8 million in 2008, prior to the global financial crisis.
Net profits have grown from $2.1 million in 2000 to $53.9 million (prior to exceptional charges of $25.5 million) in 2009, a 26 fold increase.
Lamprell currently pays no corporation tax.
Lamprell is a strong generator of cash flow and throughout its history has remained debt free.
At 31 December 2009 the Group had in excess of $68 million of cash.
Lamprell has grown organically since inception - and today it is the leading refurbishment contractor by number of jackup rigs in the Arabian Gulf.