Record-breaking performance for North Sea operation

08/04/2024

DRÄGER Marine & Offshore, a leading provider of marine and offshore safety systems, is celebrating a year of unprecedented financial success within its hire division.

The company says it “surpassed expectations” with its record-breaking year that saw a 16% year-on-year increase in 2023 from the previous 12 months. It highlights a period of consistent and significant growth within the hire division of Dräger Marine and Offshore, which has registered a 60% increase in revenue for the wider Dräger organisation in the last two years.

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David Head, Head of Safety Marketing – UK & Ireland, said: “We are incredibly proud to be able to report such remarkable results that have genuinely surpassed our expectations.

“The facility in Dyce has allowed us to stock equipment available for hire and deployment straight away, alleviating concerns for customers when inevitable short notice requirements arise. The growth in the volume of kit being hired has coincided with budget restrictions across the industry, which makes it a more appealing move.

“It is a simple, low-risk option that gives customers the utmost flexibility when it comes to fast-changing work scopes and any unplanned maintenance. Being able to provide customers with high quality kit in a timely fashion to help them meet their business goals is also a source of great pride.

“That’s certainly played a part in these results but it’s also down to the team of people that support our customers – from sales to engineers, customer services to trainers – and their dedication to providing top-notch safety solutions that has driven our year of spectacular success.”

As the only safety equipment manufacturer based in Aberdeen, its record-setting year comes just under two years since it opened a new, dedicated facility in Dyce following a decade at its Bridge of Don site.

And the move to the larger state-of-the-art facility and £600,000 investment in the fleet of hire assets has yielded positive results, delivering Dräger an increase of more than 20% in the number of rental quotations in 2023, underlining its commitment to meeting the industry’s demand for safety solutions.

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