Plexus has announced its FY25 final results for the year to end-June 2025. Revenues decreased by 64.8% to £4.5m, as anticipated, following the strong prior year in FY24 which included revenue (£7.6m) from the major contract initially announced in March 2023 and a one-off payment of $5.2m from the SLB IP licence agreement. The rental wellhead inventory has been expanded in line with strategy to support increased levels of activity. Plexus is well positioned to support offshore activities in P&A w ....
