Mountfield Group plc Contract Wins of £2.4m at MBG (7918O)
May 22 2018 - 6:43AM
UK Regulatory
TIDMMOGP
RNS Number : 7918O
Mountfield Group plc
22 May 2018
22 May 2018
Mountfield Group Plc
and its subsidiary Mountfield Building Group Limited ("MBG" and
"the Company")
Contract Wins of GBP2.4m at MBG
The Directors of Mountfield Group Plc are delighted to announce
that one of MBG's principal clients has awarded it three new
contracts with aggregate value of GBP2.4m as a further stage in the
upgrade to the operational infrastructure of its property
estate.
The contract works will commence immediately and are expected to
be completed in this current financial year.
MBG has seen the value of orders from this client increase in
value by 260% from 2016 to 2017 and in 2018 the client has placed
orders with a value in excess of GBP4m which exceeds of the value
placed in 2017. The Directors of Mountfield expect additional
orders will be placed by the same client before the end of this
financial year.
Graham Read, MBG's Managing Director said:
"We are extremely pleased to be awarded these latest orders and
have done so as the client acknowledges MBG's ability to deliver
contracts on time. I would like to thank our site teams for their
substantial contribution to achieving these wins."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Mountfield Group plc 01268 561 516
Peter Jay, Chairman 07500 558235
Cairn Financial Advisers
LLP 020 7213 0880
Jo Turner / Tony Rawlinson
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END
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