Tekmar Group plc (GB:TGP) has released an update.
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Tekmar Group plc, a leader in offshore energy technology, has announced a strategic shift under new CEO Richard Turner, aiming to boost profitability and market share over the next three years. Despite reporting a slight decline in revenue for FY24, Tekmar achieved its highest adjusted EBITDA since FY20, driven by improved profit margins. The company plans to leverage its technology and a strong acquisition strategy to support growth and enhance shareholder value.
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