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United States

Lamprell PLC (LAM.L)

LAM.L on London Stock Exchange

106.00GBp
28 Apr 2017
Change (% chg)

-1.75 (-1.62%)
Prev Close
107.75
Open
108.00
Day's High
108.00
Day's Low
105.50
Volume
79,486
Avg. Vol
384,021
52-wk High
125.00
52-wk Low
55.00

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Fri, Mar 24 2017

UK's Lamprell sees tough year ahead, recovery only in 2018

Oil rig builder Lamprell Plc lowered its revenue forecast for this year and said it expected to start seeing a recovery in activity only in 2018.

UPDATE 1-UK's Lamprell sees tough year ahead, recovery only in 2018

March 24 Oil rig builder Lamprell Plc lowered its revenue forecast for this year and said it expected to start seeing a recovery in activity only in 2018.

CORRECTED-UK's Lamprell cuts 20 pct admin staff; sees 2017 as toughest year yet

March 24 Oil-rig builder Lamprell Plc said it cut about 20 percent of its administrative staff and expects 2017 to probably be the toughest year to date, despite early signs of recovery.

CORRECTED-UPDATE 1-Rig builder Lamprell sees lower revenue, tightens purse strings

Jan 23 Oil-rig builder Lamprell Plc said it would continue to maintain a tight rein on costs as it stuck to its guidance of lower 2017 revenue and pointed to a "particularly cautious environment" for the year ahead.

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