THREE60 Energy, a global lifecycle solutions company delivering engineering, operations and systems across the oil and gas, decommissioning, new energy and defence & industrial sectors, has announced another strong financial performance for the year ending 31 December 2025. The Group grew revenue to £189.4 million, while delivering significant improvements in profitability. Adjusted EBITDA increased by 30% year-on-year to £14.7 million, with operating profit rising by 35%, reflecting continued growth across the business and the benefits of THREE60’s increasingly diversified and integrated service offering.
2025 Financial Highlights:
· Revenue: £189.4 million (2024: £181.7 million)
· Adjusted EBITDA: £14.7 million – 30% year-on-year increase (2024: £11.3 million)
· Operating Profit: £3.56 million – 35% year-on-year increase (2024: £2.6 million)
· Backlog: £379 million – a 27% year-on-year increased (2024: £299 million)
The results build on THREE60’s strong performance in recent years and demonstrate continued progress in developing a resilient, diversified business with an expanding international footprint. Throughout 2025, THREE60 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 & industrial.
“2025 was another strong year for THREE60 and our results demonstrate the continued progress we are making as a business. 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.
“Most importantly, our results are testament to the commitment and expertise of our people. Their continued focus on delivering safe, high-quality solutions for our customers is what drives the success of THREE60.”
– Walter Thain, CEO of THREE60 Energy
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