ARR Craib happy with performance despite oil and gas recession


 

ARR Craib said that its customer retention has been excellent, despite the fall in the price of oil that led to a significant downturn among its core oil and gas customers resulting in a 9% fall in turnover in its most recent financial year. For the year-ending 31 March 2016 turnover at Aberdeen-based ARR Craib Transport fell to £43.39m, from £48.15m in the previous financial year, while pre-tax profit fell from £1.38m to £1.04m. In the annual report filed at […]