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Alderley Announces Record Trading Year
30 January 2012
Alderley, a market leader in liquid and gas metering and produced water treatment packages, announces today a record trading year. Turnover has increased by 26% and profit before tax has increased by 52% from the previous year. All parts of the group have contributed towards this success with the majority of Alderley’s turnover derived from outside the United Kingdom, reflecting the global spread of its business within the oil and gas industries. The Alderley group comprises Alderley Systems, Alderley FZE, Alderley NefteGaz, Alderley ICD and Specialised Management Services.
During 2011, the market for Alderley’s products and services has been strong, with several contracts having been completed in Singapore by our Far East Projects Team. Alderley Systems have delivered amongst others deoiling hydrocyclones, Compact Floatation Units and degasser vessels for use in the North Sea, while Specialised Management Services (SMS) have designed and manufactured chemical injection units, Hydraulic power units for the North and Barents Sea.
The Middle East has been exceptionally buoyant and Alderley FZE has secured contracts for the design and manufacture of a variety of gas metering skids for a number of Middle Eastern countries. As a result Alderley is currently expanding its production facilities at their Jebel Ali Free Zone site, demonstrating continued commitment to the development of the Middle East Market.
Chris McGeehan, CEO says, “2011 has been an exceptionally busy and successful period for the Alderley Group. This is expected to continue during 2011/12 with further commitment to invest in our people, our technology and our infrastructure globally.”
