Tekmar Group (TGP): Results below expectations
This situation live
TGP Tekmar Group
Results below expectations
below expectations
Directionbelow expectations / warning
Reaction on the day−6%
In 12 months1 statement in the same direction
Company's wordsHowever, while trading momentum and the overall trajectory remains positive, the pace of growth in near-term volumes and revenues in H2 2026 has been slower than anticipated, with some trading volumes now expected to be realised after the FY26 year end. ↗
As of 29 Sep 2026 ↗
Since Oct 2023: 661 situations of this kind; median share price +2% six months after they opened
Every step · 1
- 29 Sep 2026 below expectations – However, while trading momentum and the overall trajectory remains positive, the pace of growth in near-term volumes and revenues in H2 2026 has been slower... ↗
What is happening
Tekmar Group: Results below expectations – below expectations. ['below expectations']
- In short
- The 18 June 2026 interims reported Middle East delays, higher costs and deferred Offshore Energy Services activity, with bottlenecks easing. On 29 Sep 2026 the company said the conflict has been prolonged, deferring some Q4 FY26 work scopes and awards and adding logistics costs. With a UK supplier outage, this slows H2 volumes and moves some revenue into FY27.
- Announced
- 29 Sep 2026 · below expectations · -6% on the day
- Impact
- Some Q4 FY26 work scopes and awards deferred; added logistical challenges and costs
- Offshore Energy Services
- Temporary deferral as vessels out of commission
- Customer view
- Activity expected to return as soon as conditions allow
- Board view
- Expects strong H2 revenue and profit despite uncertainty
- UK factor
- Supplier power outage pushed material deliveries into October; revenue now FY27
- H2 EBITDA
- Broadly similar to H2 2025
- H2 PAT
- Nearing breakeven
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Tekmar Group – company page →