Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/financial/money/further-growth-and-investment-at-ace-winches.shtmlFurther growth and investment at ACE Winches
ACE Winches reported turnover of £35.4million for the year ended 31 October 2013, a 14% increase on the previous year.
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ACE Winches reported turnover of £35.4million for the year ended 31 October 2013, a 14% increase on the previous year. The proportion of the company’s business generated from international projects remained at 74%, with the mix changing to reflect increased activity within the Middle East, Caspian and Asia Pacific regions.
Earnings before interest, tax and depreciation for the year (EBITDA) was £9.1million.
In 2013, ACE Winches was named winner of the Sunday Times Profit Track 100 Ones to Recognise award and ranked 100 on the Sunday Times International Track 200 league of Britain’s private companies with the fastest growing international sales.
