REG-Kentz Corp Ltd Notice of Results
Released: 12/03/2008
RNS Number:8828P
Kentz Corporation Ltd
12 March 2008
Kentz Corporation Limited - Notice of preliminary results
London, 12 March 2008 - Kentz Corporation Limited (LSE: KENZ), the holding
company of the Kentz engineering and construction group, today confirmed that it
will announce its preliminary results for the year ended 31 December 2007 at
07.00 GMT on 31 March 2008. This will be the first set of results since the
company listed on the AIM market of the London Stock Exchange in February.
A presentation to discuss the results will be held on 31 March 2007 at 9.15am at
the offices of Evolution Securities, 100 Wood Street, London EC2V 7AN.
Evolution Securities Limited (Nomad) Tel: +44 (0)20 7071 4300
Rob Collins
Tim Redfern
Lloyd Thomas
Powerscourt (Financial PR advisors) Tel: +44 (0)20 7250 1446
Rory Godson
Elizabeth Rous
About Kentz
-Kentz is a successful engineering contractor, which serves clients
primarily in the oil and gas, petrochemical and mining and metals sectors.
The Company's principal activities are the provision of mechanical,
electrical, controls and instrumentation engineering, construction and
management services
-Kentz offers services to global customers; its geographical presence aims
to reflect the demand of those clients. Kentz currently has activities in
Saudi Arabia, Kuwait, Qatar, UAE, South Africa, Mozambique, Zambia,
Madagascar, Russia, Azerbaijan, Kazakhstan, Malaysia, Indonesia, USA, Canada
, the Caribbean, Australia, Norway and Ireland. Kentz operates in some of
the most remote locations on earth
-The Group's turnover is derived from blue chip end user clients and also
from engineering, procurement and construction (EPC) contractors. The
Group's end user clients include Shell, ExxonMobil, Chevron, Marathon, HESS
and Sasol in the oil and gas sector, SIPChem, Linde and Krupp Uhde in the
petrochemicals sector and One Steel, Mittal Steel and Anglo Coal in the
mining and metals sector. The Group's EPC contractor clients include Fluor,
Bechtel, JGC, Foster Wheeler and Technicas Reunidas.
-Kentz has a proven health and safety record
-Kentz has an experienced senior management team and has the ability to
source an experienced and technically skilled workforce. The average length
of service of the top 100 core management is over 18 years. Kentz currently
employs over 7,000 people on a full time basis
-In the year ending December 2006, the company generated revenues of $370
million and profit before tax of $25 million
-Kentz can trace its origins to 1919 through the activities of various M F
Kent entities. The Company is incorporated in Jersey.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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