Reflex Marine reports 52 per cent growthCompany News // July 4, 2013
Reflex Marine, which specialises in marine transfer solutions, has reported 52 per cent growth in the last year through expanding global markets.
Reflex Marine has reached £5.8 million turnover which is almost double its forecasted growth of 27 per cent - with a profit before tax of around £1 million. Reflex Marine will donate 7.5 per cent of its net profits (a record c.£56,000) to charitable causes via its not-for-profit Reflex Foundation.
Reflex Marine's main products are the FROG and TORO – capsules that hold between three and nine crew-members to transfer them safely between a platform and vessel using a crane.
Its growth has been enhanced through a growing network of distributors and accredited service centres across the world, which now represents around half of the company’s revenue.