Sparrows Reports Profit and Turnover Growth
Sparrows, a company in offshore lifting and mechanical handling services, announced increases in both profits and turnover for 2012. Earnings at the Aberdeen headquartered company before interest, tax, depreciation and amortisation (EBITDA) were £20.8 million with turnover reaching £188million. In comparison, profits in 2011 were £17.5million on a turnover of £172million. The U.K. accounts for 53% of total turnover with international sales making up the remaining 47%. Sparrows also increased staff numbers from 1,649 at the beginning of 2012 to 1,748 by the end of the year.
Aberdeen Engineer Rewarded for Inspiring Youngsters
A young Aberdeen engineer has been recognized for her work inspiring school pupils to take on a career in the oil & gas industry. Katy Crawford, who is employed by offshore lifting and mechanical handling services company Sparrows, has been chosen to receive the Raising the Profile of the Profession – Promoting Engineering to Primary Students award from the Institute of Mechanical Engineers (IMechE). After just one year in full-time employment, the 22-year-old has become heavily involved in making children aware of the benefits of picking a career in engineering.
Energy Cranes Names Sedge CEO
Energy Cranes International Limited, provider of offshore lifting and handling services which includes Sparrows Offshore, Aberdeen Hydraulics and Baricon Systems, announced the appointment of Doug Sedge as chief executive officer (CEO). John Jordan, the incumbent CEO, is standing down from the role and will be leaving the group. Doug Sedge is well known in the oilfield business community, where he was CEO of RBG Group from 2005 to 2008. His most recent assignment was in a European role with Canadian offshore technology group…
