Cammell Lairds announce profits increase
12th March, 2013
Cammell Lairds owned by John Whittakers Peel Holdings Group reported in their latest accounts a 25% rise in turnover to £95m. The shipyard firm reported pre-tax profit of for the year to May 2012 of £10.3m, up from £9.1m the year before.
Work completed in the past year include Royal Fleet Auxiliary vessels Fort Austin, Black Rover and Wave Knight.
Other contracts completed include those for James Fisher Shipping, Seatruck Ferries, Isle of Man Steam Packet Company, Irish Ferries, Northlink Ferries and Maersk.
The company has recently commenced construction on two new builds for Western Ferries and a conversion for Orkney Council.