Fircroft Post Impressive Growth

Share Article

Fircroft has announced their impressive financial results for 2011, with the growing overseas performance in Australia contributing greatly to these figures. At the same time five new offices have been opened overseas.

News Image
“Building customer relationships is core to our brand values, ensuring we keep up the good work, serving our clients and contractors enthusiastically,” says Johnathan Johnson, CEO of Fircroft.

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

Every area in the business has contributed to the turnover growth, with 20% from the UK and 80% from overseas. One of the main influences to the overseas performance is the continued growth in Australia where Fircroft continue to improve market share via both existing clients as well as the addition of a variety of new key accounts. The opening of five new offices throughout the time period also led to overseas growth, and will have an even greater benefit in 2011-12.

Fircroft provide contractors to some of the world’s largest 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.”

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Paul Rawson
Follow us on
Visit website