LAM Lamprell Plc

 

TIDMLAM 
 
RNS Number : 1767P 
Lamprell plc 
20 March 2009 
 

 
 
20 March 2009 
 
 
LAMPRELL PLC 
 ("Lamprell" or the "Company") 
 
 
TRADING UPDATE 
 
 
Lamprell (ticker: LAM), a leading provider of specialist engineering services to 
the international oil & gas industry is due to announce its preliminary results 
for the year ended 31 December 2008 on 30 March 2009 which will be in line with 
market expectations. Despite a significant order book, it has become apparent in 
recent weeks that there is a marked slowdown in the Company's business except 
for the rig refurbishment business which is currently busy but is anticipated to 
slowdown in the second half of the year. Lamprell, at this time, expects the out 
turn for 2009 to be significantly below current market expectations. 
 
 
A fuller update will be provided by the Company during the announcement of the 
preliminary results. 
 
 
 
 
- Ends - 
 
 
 
 
+-------------------------------------------+-------------------------------+ 
| Enquiries:                                |                               | 
+-------------------------------------------+-------------------------------+ 
|                                           |                               | 
+-------------------------------------------+-------------------------------+ 
| Lamprell plc                              | +44 (0)20 7153 1547           | 
+-------------------------------------------+-------------------------------+ 
| Peter Whitbread, Chief Executive Officer  |                               | 
+-------------------------------------------+-------------------------------+ 
| Nigel McCue, Chief Operating Officer      |                               | 
+-------------------------------------------+-------------------------------+ 
| Scott Doak, Chief Financial Officer       |                               | 
+-------------------------------------------+-------------------------------+ 
|                                           |                               | 
+-------------------------------------------+-------------------------------+ 
|                                           |                               | 
+-------------------------------------------+-------------------------------+ 
| M:Communications, London                  |                               | 
+-------------------------------------------+-------------------------------+ 
| Patrick d'Ancona                          | +44 (0)20 7153 1547           | 
+-------------------------------------------+-------------------------------+ 
| Georgina Briscoe                          | +44 (0)20 7153 1548           | 
+-------------------------------------------+-------------------------------+ 
| Charlotte Kirkham                         | +44 (0)20 7153 1531           | 
+-------------------------------------------+-------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TSTEAXDNFLDNEFE 
 

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