Specialist Energy Group (LON:SEGR) is now in a position to consider acquisitions in the energy sector following a significant improvement in the performance of its main business, Hayward Tyler, according to chief executive Ewan Lloyd-Baker.
This progress was reflected in a solid set of annual results in which operating profits increased by 52 per cent to £3.6 million and net debts halved to £6.7 million.
At the same time the companys gross profit margin advanced 3.2 percentage points to 34.9 per cent following a significant improvement in the manufacturing side.
We hold the following certifications: ISO 9001, ISO 14001, ASME N, ASME NPT, ASME NS, and HSB PED H1. We are also NQA-1 compliant.
