Record revenues for Bibby Line Group

LIVERPOOL-based Bibby Line Group increased revenues 8% to a record £1.715bn (2013: 1.592bn) in the year to December.

The diversified Group said strong sales and profits growth in its offshore and marine services divisions had helped to offset weaker performance in others, notably its convenience retail business.

Bibby Offshore, which provides sub-sea services to the oil and gas industry, increased sales 46% to £383.6m (2013: £263.5m) thanks to new vessels being chartered and high utilisation rates of its ex... For the full story register now for free or login below...