(Sharecast News) – Tekmar shares jumped after its Pipeshield business signed a contract worth more than £4m for a major quay development project.
The offshore energy services provider said the deal was Pipeshield’s biggest contract yet. Pipeshield will design, engineer and manufacture subsea scour protection for the quay.
“The contract … is for execution and revenue recognition in the current financial year ending 30 September 2021,” Tekmar said.
Tekmar shares rose 8.3% to 67.70p at 10:12 GMT.
Sign up to our IFA Magazine newsletter to keep up to date.
If Andy Burnham wins the Makerfield by-election this Thursday, 18 June, and goes on to win a subsequent leadership elect…
Mortgage and Property, Podcasts
In the latest special Mortgage & Property edition of IFA Talk, we explore the evolving later life lending landscape…
James Flintoft, head of investment solutions at AJ Bell, examines what SpaceX’s blockbuster market debut means for passi…
Economy, Mortgage and Property
The Bank of England has kept interest rates unchanged at 3.75%, a decision that was widely expected but which provides s…
UK forestry is gaining renewed attention from advisers and investors as recent Budget changes reshape the tax landscape…
Guardian has launched CI Essentials, a budget-focused critical illness policy aimed at making protection more accessible…
Nationwide will be cutting rates across its fixed mortgage range, supporting first-time buyers, home movers and people r…
Business & Development, Exclusives
Selling a financial advice business you’ve built up over the years is never just a transaction, it’s a deeply personal d…
The Bank of England has left interest rates unchanged at 3.75%, as policymakers continue to tread a careful line between…
Zoe Lafferty, People Operations Director at Evergreen Finance London Ltd, parent company and FCA-authorised lender behin…
IFA Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.
