Belfast shipyard owner Harland and Wolff slashes its expected revenues for 2022 across its yards
The shipyard owner said it now expects to book full year revenues of £29m-£31m compared to September's forecast of £65m-£75mBelfast shipyard owner Harland and Wolff has slashed its expected revenues for 2022 across its yards.It now expects to book full year revenues of £29m-£31m compared to September's forecast of £65m-£75m.
However, he said he was confident deferred revenue would start getting booked in the first half of 2023. The company said one of the affected contracts was a refurbishment project for the Lithuanian Navy being carried out at Appledore. In November, a consortium which includes Harland and Wolff was selected as the preferred bidder to build three Royal Navy support ships.
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