The annual Sunday Times PricewaterhouseCoopers Profit Track 100 was published for the 10th year on April 19th 2009.  This prestigious league table features the UK’s private companies with the fastest-growing profits measured over the last three years of available audited accounts.

Reservoir Group was the leading Scottish-based oilfield services company in the rankings, the second highest-ranked Scottish company, and the 16th-placed company in the UK as a whole.

CEO Pascal Bartette commented: “This reinforces the successful start the company has made on its journey to become a world-leading innovative down-hole tools and services group, and also highlights the strength of the financial platform from which we are building this vision.  A continued healthy growth in profits is key to making the investments we need to fund our ambitious plans.”Chairman Peter Stuart, on behalf of Reservoir’s private equity backers, SCF Partners, added: “This award endorses the strong progress the group has made since it was formed in May 2007 and, from a shareholder perspective, it is very heartening to see objective acknowledgement of Reservoir’s strong financial performance given the tougher economic climate being experienced worldwide in 2009.”