Acteon defies slump in US gulf after spill

By Keith Findlay

Published: 20/08/2011

ACTEON Group – a holding company for a global subsea service organisation with operations at locations including Aberdeen – has defied a drop in activity levels after the Deepwater Horizon disaster to post higher profits and turnover.

Profits surged nearly 13% to £36.24million during 2010, up from £32.13million the year before, the firm’s latest accounts, released by Companies House yesterday, show.

Revenue for the latest period was up by a healthy 8% year-on-year at £310.86million.

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