International Track 200

Aberdeen-based Balmoral Group generates international sales through a subsidiary equipment for the deep-water oil and gas industry. Clients are chiefly platform construction and drilling contractors as well as the oil-processing ships that support the platforms. Recent high oil prices and slowing production in shallow water oilfields have driven demand for deep-water drilling and exploration. This has helped overseas sales to grow 74% a year, from £6.7m in 2007 to £20.2m in 2009.

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Company details
CompanyBalmoral Group
ActivityPolymer engineer and manufacturer
2-yr av intl sales growth pa74.41%
International sales £000s20,237
Total sales £000s37,732

If applicable:

* Supplied by company † Annualised figure