Harland & Wolff Group Holdings PLC Annual Results Update (7727D)
June 23 2023 - 9:00AM
UK Regulatory
TIDMHARL
RNS Number : 7727D
Harland & Wolff Group Holdings PLC
23 June 2023
23 June 2023
Harland & Wolff Group Holdings plc
("Harland & Wolff" or the "Company")
Annual Results Update
Harland & Wolff Group Holdings plc (AIM: HARL), the UK
quoted company focused on strategic infrastructure projects and
physical asset lifecycle management, announces that the Company
intends on issuing its annual report for the financial year ended
31 December by the end of June 2023.
Whilst the Company is currently completing its group audit,
unaudited revenues for the FY 2022 were GBP27.96 million and a loss
for the year at GBP70.35 million. Further details on the audited
group financial statements will be made available in the annual
report.
The Company has made significant progress on its group
refinancing and it now envisages the transaction to close in early
autumn of the current financial year. The Company has taken this
opportunity to bring down the cost of capital substantially (into
single digits) through this proposed transaction. Further details
will be provided in due course.
Finally, the Company remains on track to meet its FY 2023
revenue guidance.
For further information, please visit www.harland-wolff.com or contact:
Harland & Wolff Group Holdings plc +44 (0)20 3900
John Wood, Chief Executive Officer 2122
Seena Shah, Head of Marketing & Communications investor@harland-wolff.com
media@harland-wolff.com
Cenkos Securities plc (Nominated Adviser
& Broker)
Stephen Keys / Callum Davidson / Dan Hodkinson
(Corporate Finance) +44 (0)20 7397
Michael Johnson (Sales) 8900
----------------------------
Liberum Capital Limited (Joint Broker)
Nicholas How / Edward Mansfield / Lucas +44 (0)20 3100
Bamber / Antonia Brown 2000
----------------------------
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END
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