Lamprell down on financial warning

Shares in Middle East-based yard Lamprell have slipped more than 10% on Monday after the company warned of reduced revenues and profit for the year amid slumping oil prices and market pressure.

Tough year ahead: For Jim Moffat-led Lamprell
Tough year ahead: For Jim Moffat-led Lamprell
Published 12 January 2015, 09:21Updated 12 January 2015, 09:22
Middle EastNorth Africa