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Marine engineer 'ready to grow' after record orders

  • 5 minutes ago
  • 1 min read
Marine engineer 'ready to grow' after record orders
Marine engineer 'ready to grow' after record orders

A marine engineer has hailed its future prospects after a turnaround plan delivered a “pivotal and highly productive year”.


Tekmar Group says it is making “tangible progress… towards longer-term success” as a “healthy pipeline” of work complements a record £40.7 million order book.


The County Durham-headquartered firm revealed its upbeat outlook in a trading update today (March 9) for the year to September 30, which showed revenues down slightly at £28.7 million against a marginally higher 34 per cent gross profit.


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