Kentz Corporation Limited, the holding company of the Kentz engineering and construction group, announced its unaudited group results for the year ending 31 December 2011.
Financial Highlights
Corporate Development and Operational Highlights
Current Trading and Prospects
Commenting on the results Christian Brown, Chief Executive Officer of Kentz said:
“It has been another year of significant progress for Kentz and I am pleased to report growth in each of our three Global Business Units. Maintaining a good balance between our Businesses, and leveraging the synergies between them has underpinned our business model and continues to provide further opportunities. The 2011 performance was delivered by 14,000 employees worldwide including a very strong management team who have substantial past experience and an enormous appetite to take on new challenges. Looking forward our focus is on growing the addressable pipeline of prospects for Kentz. Our global spread of operations positions us well to benefit from the continued investment in both natural resource and energy markets. We are trading in line with market expectations and I am confident that we will capitalise on future opportunities to execute safe and successful projects for our clients and to continue to deliver value for our shareholders.”
[mappress] LNG World News Staff, March 26, 2012