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Rig maker Lamprell's 2014 pretax profit more than doubles

Reuters - UK Focus

March 19 (Reuters) - Oil rig maker Lamprell Plc (LSE: LAM.L - news) 's 2014 pretax profit more than doubled, helped by a steady stream of project deliveries.

Lamprell, which warned that its revenue would be lower in 2015, said pretax profit was $93.7 million, compared with $37.8 million a year earlier.

Revenue for the year ended Dec. 31 rose 1 percent to $1.08 billion. (Reporting by Abhiram Nandakumar in Bengaluru; Editing by Anupama Dwivedi)