Profits Soar Under the Surface

Summary


SUBSEA trenching and installation firm CTC Marine has had a record year, with sales almost doubling to pounds 109.2m and profits soaring to pounds 10.2m.

In a year which saw it bought by new American owners Trico Marine Services for around pounds 400m, the Darlington firm has benefited from a decision to move away from its core geographical and product areas.

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Extract


Profits Soar Under the Surface

It recently opened an office in Aberdeen and has offices in Singapore and Perth in Australia and,...

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