The headline numbers made for a pleasant read: underlying full-year pre-tax profits increased 13 per cent to £9.5m (above analysts' expectations) on revenues ahead 17 per cent to £76m; the company's higher-margin technology business had a record year; and the pipeline of new work is at an all-time high of £88m, up almost £10m year on year. In turn, shareholders were rewarded with a 10 per cent hike in the dividend to 1.1p a share. So, how did the company manage to turn in such a strong operational performance in the face of a savage downturn in the oil and gas industry?
An operational efficiency and profit improvement service