Offshore renewables were up 74.1% to £16.3 million, from £9.4mn in the previous period. Offshore oil and gas revenues were up 50% at £33.5mn.
Revenues for oil and gas and offshore wind have jumped for the Aberdeenshire-based, AIM-listed subsea firm.
Aberdeenshire-based Ashtead Technology (AIM: AT) has continued its acquisition spree, beefing up its mechanical solutions service offering.
Aberdeenshire-based Ashtead Technology (AIM: AT.) has predicted a 25% year-on-year bump in revenues for the first half of 2022.
Westhill-based Ashtead Technology has lifted its profit expectations for the year as demand – and prices – of its rental equipment has grown in both the offshore wind and oil and gas sectors.
Ashtead Technology is forecasting a buoyant balance sheet after a “strong performance” in 2021.
Ashtead Technology has reached a market valuation of nearly £130million from its initial public offering (IPO).
Global subsea equipment specialist Ashtead Technology is still on the acquisition trail after a flurry of deals since it changed hands three years ago.