Lamprell plc (LAM.L) reported that its performance in the year to date has been in line with management expectations. Lamprell Board reiterated its earlier guidance for 2013.
The Group said its immediate priority is to complete discussions with key lending banks in order to restructure debt facilities and agree revised covenants on a long term basis. The discussions are in an advanced stage and the company remains on track to complete the process by 30 June 2013.
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