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Our business
Northbridge is in a unique position to take advantage
of strong demand drivers from across the world.
The services we provide are powered by an increasing
demand from a variety of profitable and stable active
end markets.
Active end markets
Demand drivers
We have balanced exposure to secure and stable
markets and blue chip clients throughout the world.
Oil and gas
Oil tools and equipment
Oil and gas
—Continued growth of onshore and offshore oil and gas
industry in Australia
Banking
— Increasing demand for new rigs in Australia
—Further investment in offshore exploration
(BHP and ESSO)
— Future LNG opportunities
—Annual Australian LNG demand forecast to grow
to 384 million metric tonnes by 2020
— AUS$51bn of LNG projects in Gladstone, Queensland
Power & Utilities
On grid
— Back-up power
Healthcare
Marine
— Diesel generator and turbine testing
— Uninterruptible power supplies
—Emergency power systems – hospitals, banks,
financial services
—Digitisation – data centres, telecoms
and process industries
— Independent Power Producers (“IPP”)
Northbridge Industrial Services plc Annual report and accounts 2012
Company overview
Business review
Governance
Financial statements
The need to test has become an increasingly important element with
the power critical technology used by the banking, medical, marine
and defence industries.
Loadbanks and transformers provide a stable, continuous and variable
load to imitate real loads in real time.
Our strategy
Our strategy helps us meet the demand
for specialist equipment.
Mining
—Future mining opportunities including drilling tools
and load testing
Unconventional Gas
— Drilling in Queensland
— Additional sales staff December 2012
The Northbridge strategy
is to acquire and consolidate
specialist industrial equipment
businesses. The criteria against
which potential targets are
assessed are:
— potential for expansion into complete
outsourcing providers;
— supplying, or capable of supplying,
a worldwide customer base;
— incorporating a strong element
of rental and service work; and
— active in oil and gas and power
related activities.
Northbridge Industrial Services plc Annual report and accounts 2012