![Plexus Holdings' proprietary POSGRIP wellhead equipment.](https://wpcluster.dctdigital.com/energyvoice/wp-content/uploads/sites/4/2013/06/plexus.jpg)
Aberdeen oil and gas engineering service business Plexus Holdings posted record annual profits and turnover yesterday.
The firm said pre-tax profits during the year to June 30 came in at £4.27million, up from £3.09million a year earlier, while revenue soared by nearly 30% to £25.57million.
Plexus said its strong sales performance was driven by growing demand for its Pos-Grip wellhead technology and contract wins.
Chief executive Ben van Bilderbeek added: “The strong year-on-year growth is an indicator of the momentum we are continuing to build.”
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