Integrated Mechanical Service Solutions News

Mechanical engineering services company, EnerMech Ltd, will finish the year with a 100% increase in sales, with 2011 turnover expected to top £103 million compared to £49.5 million last year. The Aberdeen-based company forecast for 2011 will deliver a £10 million profit (EBITDA*) and said turnover next year would increase to £142 million with profits expected to double to £20 million. The company also announced that Lloyds Banking Group has agreed to provide additional funding of £20 million, which will be used to support further investment in more equipment and facilities.