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    INFA   GB00BLPJ1272

HARLAND & WOLFF GROUP HOLDINGS PLC

(INFA)
  Report
Delayed London Stock Exchange  -  11:35:16 2023-01-26 am EST
17.98 GBX   -0.28%
01/25TRADING UPDATES: 88 Energy anticipates well spud; Tern sees progress
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01/18Harland & Wolff says UK MoD and Navantia sign manufacturing contract
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01/18Harland & Wolff : Naval shipbuilding to return to Harland & Wolff Belfast
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Harland & Wolff's Team Resolute wins Navy shipbuilding contract

11/16/2022 | 12:40pm EST

(Alliance News) - Harland & Wolff Group Holdings PLC on Wednesday said its consortium, Team Resolute, has won preferred bidder status on the GBP1.6 billion fleet solid support contract.

Team Resolute is a UK-based collaboration between Harland, BMT, and shipbuilding company Navantia, which will build Royal Navy support ships under this contract.

Harland, a London-based offshore construction company, said it expects to complete negotiations on the contract by the first quarter of 2023. This will provide more "precise" details on the work to be carried out and key timelines.

Harland shares ended up 78% at 17.75 pence on Wednesday afternoon in London.

By Jaskeet Briah; jaskeetbriah@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Financials
Sales 2022 70,0 M 86,5 M 86,5 M
Net income 2022 -21,9 M -27,1 M -27,1 M
Net Debt 2022 40,8 M 50,4 M 50,4 M
P/E ratio 2022 -1,34x
Yield 2022 -
Capitalization 31,1 M 38,5 M 38,5 M
EV / Sales 2022 1,03x
EV / Sales 2023
Nbr of Employees 410
Free-Float 72,8%
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Mean consensus BUY
Number of Analysts 1
Last Close Price 0,18
Average target price
Spread / Average Target -
Managers and Directors
John Macinnes Wood Chief Executive Officer & Executive Director
Arun Suri Raman Chief Financial Officer & Executive Director
Maurice James Malcolm Groat Chairman
Jonathon Band Non-Executive Director
Ekaterina Zotova Non-Executive Director