Brief: Lamor Completes Negotiations On Allocation Of Responsibilities With NEOM Company

Lamor Oyj

16/12/2024 07:53

Dec 16 (Reuters) - Lamor Corporation  LAMOR.HE :
    * SAID ON SUNDAY AGREED ON NEW ALLOCATION OF
RESPONSIBILITIES WITH
NEOM COMPANY
    * LAMOR WILL SUPPLY OIL SPILL RESPONSE TECHNOLOGY WORTH EUR
9 MILLION TO NEOM COMPANY
    * LAMOR HAS ADJUSTED VALUE OF NEOM COMPANY'S ORDER IN ORDER
BACKLOG
    * DELIVERIES WILL HAVE POSITIVE IMPACT ON LAMOR'S WORKING
CAPITAL
AND CASH POSITION

        
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