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Investor Meet Company - Audio Archive
Investor Meet Company
100 episodes
3 days ago
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Investing
Business
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Investing
Business
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TEKMAR GROUP PLC - Trading Update - Investor presentation
Investor Meet Company - Audio Archive
3 weeks ago
TEKMAR GROUP PLC - Trading Update - Investor presentation

Tekmar Group PLC (AIM:TGP) delivered an upbeat investor update highlighting stronger company performance, sustained order book growth, and improving financial results as the business advances its multiyear Project Aurora strategy. Management emphasized a record backlog of twenty nine million pounds driven by major contract wins in offshore wind energy, growing demand in offshore oil and gas, and rising activity in ports and harbours, all supporting a clear growth strategy centered on expanding revenue, enhancing margins, and improving EBITDA through operational gearing. The company reported rising factory utilisation, disciplined margin management, tighter cost control, and a stronger balance sheet supported by legacy debt recovery and planned noncore asset sales, positioning Tekmar for a return to profitability in the second half of financial year twenty twenty five and further progress in twenty twenty six. Tekmar continues to strengthen its market leadership in cable protection systems and asset protection technology while scaling its offshore energy services revenue, targeting more than twenty five percent of group revenue over the next three to five years. Management highlighted growing visibility into twenty twenty seven supported by a global pipeline of sanctioned offshore wind projects, expanding demand in the Middle East, new frame agreements with tier one contractors, and multiple pathways for sustained revenue growth. With more than one hundred active projects, strong operational momentum, and a disciplined approach to mergers and acquisitions aimed at broadening capabilities and diversifying earnings, Tekmar reaffirmed confidence in its ability to deliver long term value creation and significant shareholder upside as the global energy transition accelerates.

Investor Meet Company - Audio Archive