RCR Tomlinson notches up $25m in new orders

Welshpool-based diversified engineering services provider RCR Tomlinson Ltd has announced in excess of $25 million in new orders across its four business units.

The company's Energy Systems division has been awarded approximately $13 million in new orders, including a gas fired boiler unit valued at $6.5 million while the Mechanical Services/Products division has received orders for equipment totalling in excess of $11 million.
RCR said the orders complement existing workshop loading, and a continuing strong outlook for the sectors in which RCR operates.

Last month, the company posted a net profit of $15.8 million for the 2005-06 financial year. The net profit is up from $6.9 million earned last year and almost $400,000 above the amount quoted in the company's unaudited results. Sales for the year increased by 67 per cent to $272.2 million and earnings per share increased by 83 per cent.

At noon, RCR's shares were trading at $2.20.