Tristar Group, the global integrated energy logistics company, announced its management results for the half year ended 30th June 2021.
The Group’s performance in the six months ended 30th June 2021 continues to be positive and demonstrates the resilient business model of Tristar. The Group’s consolidated revenue grew by 9.1% in comparison with the same period in 2020 and EBITDA and net profit both reported a significant increase year-on-year by 26.0% and 66.5%, respectively. These figures were also higher than the management budget for the same period.
Eugene Mayne, Group CEO of Tristar said: “Our performance in the first half of 2021 reflects improving market conditions and our ability to be a resilient and diversified business model. We continue to have strong pipeline of growth opportunities across all our business segments, which we are confident of leveraging upon to deliver attractive returns to our shareholders. We pride ourselves on our long-standing relationships with our blue-chip clients who have been key enablers to our continued success.”
