ICR Integrity (ICR) has reported a 5% year-on-year rise in revenue to £33m.
The Aberdeen-headquartered provider of maintenance solutions to the oil and gas, power, defence, nuclear and renewables industries also recorded earnings before tax £6.4m - down from £7.7m in 2019 - reflecting the impact Covid-19 had on UK trading volumes in April and May last year.
Its annual results for the year ending May 2020 also demonstrated a expanding global footprint, revenue from non-UK markets increasing to 52%, from 43% the previous year.
ICR's joint venture in Australia increased its turnover for the year to £7.7m - from £4.7m.
During the pandemic, the business launched online training for international customers and partners to mitigate the impact of travel restrictions.
Alan McQuade, chief financial and strategy officer at ICR, said: “The financial results reflect a challenging period, especially for our UK operations as the pandemic started to impact trading conditions, however we have performed resiliently, maintained headcount and are delighted to report a record month in May 2021 with EBITDA in excess of £1.2m.
“Our performance over the last 15 months has been underpinned by our global footprint and broad service offering and investment in the year ahead will be focussed on taking our services to new international and industrial markets, augmented by the OMNI integrity management software launched earlier this year.”
ICR operates across Europe, the Middle East, Africa, Australia, Asia and North America, with a total headcount of 200.
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