North-east-based oil and gas services firm Plexus Holdings said it is on track to increase profits significantly.
The AIM-quoted company said revenue for the full year to June 30 was likely to be in line with market expectations, but profit after tax was expected to be “materially ahead” of forecasts.
The firm, which report its full-year results in October, also said it had made a positive start to the current financial year.
Chief executive Ben van Bilderbeek said: “We have maintained the excellent progress made during the prior year as we continue to win new customer and repeat orders to supply leading oil and gas companies.”
