Industrial services giant Altrad said a significant pipeline of work would see it expand its UK headcount next year, amid a North Sea staff resurgence and plans to continue a run of acquisitions.

Announcing its annual results for 2020-21 on Thursday, the Montpelier-headquartered group reported a pre-tax profit of €236millon (£200m) for a full year of operation up to the end of August 2021.

Group CEO Ran Oren said the positive performance put the company on course for significant growth in the coming year, with new contract wins and a pipeline of acquisitions prompting a recruitment drive for up to 1,000 workers across its UK operations this financial year.

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Photo Credit: Energy Voice.