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Tekmar Group plc ( (GB:TGP) ) just unveiled an announcement.
Tekmar Group plc has secured a significant contract valued at approximately £5 million for a UK-based offshore wind farm project. This contract, which involves the design and supply of their Generation 10 cable protection system, marks an important milestone for Tekmar as it aims to expand its order book and capitalize on a growing market. The project is expected to enhance Tekmar’s industry positioning by showcasing their integrated engineering capabilities and customer-focused approach.
More about Tekmar Group plc
Tekmar Group plc specializes in providing engineering-led solutions for the offshore energy and marine civils sectors. With nearly 40 years of experience, it offers a range of services and technologies to support offshore wind farms and other energy assets, focusing on project optimization, risk mitigation, and cost reduction. Headquartered in Newton Aycliffe, UK, Tekmar has a global presence with operations in 18 locations worldwide.
YTD Price Performance: -8.00%
Average Trading Volume: 117,577
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.91M
See more data about TGP stock on TipRanks’ Stock Analysis page.
