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Caverton’s revenue grows 1.4% to N20.74bn

Caverton Offshore Support Group Plc’s revenue grew by 1.4% to N20.74bn in nine months, as its marine business offset losses from a major helicopter contrac Read More: https://punchng.com/cavertons-revenue-grows-1-4-to-n20-74bn/

Caverton’s revenue grows 1.4% to N20.74bn

Caverton Offshore Support Group Plc reported a modest 1.4% revenue growth to N20.74bn in the nine months ending September 2026. The increase was driven by the company's expanding marine business, which now accounts for nearly a third of the group's revenue. The aviation business, however, continues to face restructuring challenges, contributing to a significant loss after tax of N13.79bn, up from N4.63bn in the same period last year.

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