Annual Report and Accounts

The report describes a transformational 2024, with Group revenue rising to £168.0m and Seatronics and J2 Subsea acquired in November. It presents corporate sustainability priorities across energy transition, ecological impact, business ethics, health and safety, human rights and communities, linked to identified SDGs. Climate reporting covers UK Scope 1 and location-based Scope 2 emissions, with 665.94 metric tonnes CO2e of gross emissions and 2,849,012 kWh of energy consumption. The report also notes that 2023 emissions figures were corrected after an incorrect kerosene emissions factor was discovered.