(Image: Getty Images)
A Scottish engineering company has seen turnover almost triple to more than £10 million.
A spokesperson for the Aberdeen-registered company said the results represent record turnover and profit.
It comes as the parent company has secured major new contracts and "expanded existing customer relationships".
At a glance
GA Engineering (Sliding Head Division) Limited's turnover rose from £3.6m to £10.2m, an increase of £6.6m or 181%.
Gross profit increased from £998,000 to £4.9m, and there was a net profit of £3.5m from a £284,000 loss the year before.
The firm, which had 37 staff in 2025, up from 35 the year before, did not outline details for the rise in turnover in the annual accounts for the year ended December 31, 2025. It comes against a similar backdrop of record results at group level with Three60 Energy.
Three60 Energy is a global company delivering engineering, operations and systems across the oil and gas, decommissioning, new energy and defence and industrial sectors.
Read More:
- Scottish engineering company wound down after almost 30 years
- Scottish company owned by Sir Brian Souter family firm swings to £1m loss
The group grew revenue to £189.4m in the year ended December 2025, set against £182m in the prior period.
Adjusted Ebitda (Earnings before interest, tax, depreciation and amortisation) increased by 30% year-on-year to £14.7m, with operating profit rising by 35% to £3.6m, reflecting “continued growth across the business”.
Scottish engineering company unveils record turnover of £10 million (Image: Getty Images)
Three60 said it “continued to strengthen its position across its core markets, securing significant new contracts and expanding existing customer relationships across oil and gas, decommissioning, new energies and defence and industrial” throughout 2025.
The group’s performance “also reflects continued progress in diversifying both geographically and across its target sectors, while maintaining a strong position within its established oil and gas markets”.
Read More:
- Scottish family-owned civil engineering company rescued from brink of collapse
- Scottish cheesemaker increases turnover to £293m
Kerrie Murray, chief financial officer at Three60, said of the group results that “growing adjusted Ebitda by 30% alongside a 35% increase in operating profit demonstrates that we are not simply growing the scale of the business but improving the quality and profitability of that growth”.
“We have continued to invest strategically in the capabilities, people and the geographic presence required to support our long-term ambitions, while maintaining a disciplined approach to sustainable growth. We enter the next phase of Three60’s development from a strong position, with a diversified business, established international footprint and significant opportunities across our key markets.”
Walter Thain, Three60 chief executive, said: “Our strategy has always been centred around creating a differentiated, integrated business with the breadth of capability to support our customers across the complete asset lifecycle. We are now seeing the benefits of that approach through deeper customer relationships, an increasingly diversified portfolio and continued opportunities for growth across our international markets.”
The recent results come as Three60 marks its 10th anniversary in 2026, having grown from its formation in 2016 into an international business employing around 1,200 people and supporting customers across the UK, Norway, Southeast Asia, the Middle East and the Americas.