Record profit for Plexus

Oil and gas engineering services business Plexus Holdings saw both profit and revenue rise by a record amount for the full year to 30 June driven by strong growth at its wellhead supply business. The firm, listed on London’s junior market, saw pre-tax profit rise 38.3 per cent to £4.27m with revenue up 29.7 per cent to £25.57m. Its shares rose 3.5 per cent to 256p.