ABERDEEN-BASED Can Holdings, which offers inspection and maintenance services to the oil and gas industry, has reported a fall in turnover and profits.
Accounts just published by Companies House revealed turnover in 2010 was £59.2million, compared with £67.4million the previous year, with pre-tax profits down from £16.4million in 2009 to £13.9million.
In its financial report, the company said that despite the falls the results were extremely good in challenging market conditions.
Can said it was confident of growth in the forthcoming year and beyond, despite operating in a competitive market.
The firm employs 120 people and also has offices at Falkirk, Chesterfield, London and across the globe.