First-half figures make a splash at technology specialists SRT Marine
SRT Marine has achieved a big jump in revenues as the maritime technology specialist continues to build momentum.
The Bath-headquartered business increased first-half revenues by £20m to £25.5m, with a £7m improvement in its profitability taking it to a pre-tax profit of £2.5m.
The big change was expected because it related to timing issues on key contracts that had been expected to be delivered in the previous financial year - one with an existing Middle Eastern Coast Guard customer and one with a new south-east Asia Nation... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...