Gael Force’s vision for growth

INVERNESS based equipment supplier Gael Force Group recorded a £7 million increase in turnover last year and almost quadrupled its profits.
Accounts for the group, lodged with Companies House, showed its pre-tax profits rose to £1.6 million in the year to the end of last December from £439,083 in the previous 12 months. Its turnover was up from £17.2 million to £24.1 million over the same period.
Managing director Stewart Graham said the business, which had an average monthly workforce of 161 in 2017, was expanding and investing in research and development in its aim of becoming a ‘world-class Scottish company’, the Press and Journal reported.
The firm’s growth has been driven largely by demand in the aquaculture industry and its biggest single order, received in July last year, was to build and supply concrete feed barges for Marine Harvest.
Graham, who co-chairs the Aquaculture Industry Leadership Group (AILG), which has plans to grow the sector, said: ‘Last year was undoubtedly hugely successful for Gael Force Group as our financial results show.
‘Our determination to innovate and collaborate with our customers is driving an increasing demand for our growing product and service range.
‘At the core of everything we do are our customers and we are dedicated to providing excellence and competitiveness in the range of marine equipment, technology and services that enables them to achieve their goals.’
Gael Force acquired a majority share in Oban based pen maker, Fusion Marine, earlier this year.
Graham added: ‘Our long-term vision is to grow Gael Force into a world-class Scottish company. We have skilled and resilient teams across our group who have been vital in enabling us to achieve ambitious targets.’
Picture: Gael Force boss Stewart Graham