Tekmar Group (TGP) H1 results presentation December 2020
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This video can be seen at: https://www.piworld.co.uk/2020/12/09/tekmar-group-tgp-h1-results-presentation-december-2020/ New CEO, Alasdair MacDonald gives a comprehensive overview of the business and the market, followed by Sue Hurst, CFO who presents the financials for the period ended 30th September 2020. Alasdair MacDonald, CEO Introduction - 00:18 Alasdair MacDonald, CEO & Sue Hurst, CFO Presentation team - 01:20 Alasdair MacDonald, CEO Group overview – 03:30 Product range - 05:17 Application of products - 06:57 Floating wind solutions - 08:49 Global reach – 09:43 H1 highlights – 10:43 Generation 10 product - 21:32 Order book & intake - 22:36 Offshore wind market overview - 23:31 Addressable market - 28:09 Emerging markets - 29:36 Floating wind outlook - 31:20 Offshore wind spend vs oil & gas - 31:47 Growth strategy – 33:15 Sue Hurst, CFO P&L – 34:53 Balance sheet - 36:40 Cash flow - 38:29 Alasdair MacDonald, CEO Summary - 39:30 Q&A – 40:29 Tekmar Group PLC is a United Kingdom-based company that provides subsea cable, umbilical and flexible pipe protection systems and engineering services. The Company offers various service packages including FEED study, product development, design and engineering, in-house product testing, manufacturing, project management, and personnel training and offshore support. Its products include Teklink CPS, Tektube CPS, Cable hang-offs, TEKSPACE, TEKDUCT, SPLIT PIPE, j-tube seals, bend restrictors and bend stiffeners. The Company primarily provides its products and services to offshore wind, and oil and gas companies.