Caverton Offshore Support Group PLC 2019 Annual Report with Sustainability Disclosures
The report highlights Caverton Offshore Support Group PLC's financial and operational performance for the fiscal year 2019, alongside its sustainability initiatives. Financially, the group achieved a 5% increase in revenue to N34.9 billion and a 36% growth in profit before tax to N7.2 billion. Operationally, the company secured a new seven-year contract with Shell and advanced key diversification projects, including its Maintenance, Repair, and Overhaul (MRO) hangar and a new Flight Simulator Training Device. On the sustainability front, Caverton recorded over 1.7 million man-hours with zero fatalities, reduced its Total Recordable Incident Rate by 40%, and invested significantly in human capital by training 105 pilots and 55 engineers.
Company: Caverton Offshore Support Group PLC
Sector: Transport & logistics
Country: Nigeria
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 182
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Caverton Offshore Support Group PLC
Annual Report
The report highlights Caverton Offshore Support Group PLC's financial and operational performance for the fiscal year 2019, alongside its sustainability initiatives. Financially, the group achieved a 5% increase in revenue to N34.9 billion and a 36% growth in profit before tax to N7.2 billion. Operationally, the company secured a new seven-year contract with Shell and advanced key diversification projects, including its Maintenance, Repair, and Overhaul (MRO) hangar and a new Flight Simulator Training Device. On the sustainability front, Caverton recorded over 1.7 million man-hours with zero fatalities, reduced its Total Recordable Incident Rate by 40%, and invested significantly in human capital by training 105 pilots and 55 engineers.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Jun 3, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees