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Fircroft Post Impressive Growth

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Fircroft has announced their financial results for 2011 (for financial year ending August 2011). Annual turnover was £551 million, a 36% increase compared to 2010, these impressive figures highlight the continued success of the business.

All areas of the business have contributed to the turnover growth, with 20% coming from the UK and 80% from overseas. One of the major factors in the overseas performance is the continued growth in Australia where we continue to improve market share via both existing clients and the addition of a number of new key accounts. The opening of five new offices during the period also contributed to overseas growth, and will have an even greater benefit in 2011-12.

Fircroft provide contractors to some of the world's biggest Oil & Gas companies and supports clients and contractors in over 40 global locations

“We are thrilled with the very strong finish of an outstanding 2011, growing annual revenue to £551 million and gross profit likewise,” says Johnathan Johnson, CEO of Fircroft, “building customer relationships is core to our brand values, ensuring we keep up the good work, serving our clients and contractors enthusiastically.”

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