Mountfield Group Plc
("Mountfield" or the "Company")
New Contract Wins
The Directors of the Group are delighted to announce the signing of two new contracts with a total value of £1.6m.
The larger is a contract with a value of £1.1m for alteration and refurbishment works for a project in Welbeck Street London W1 and the other is for an architectural fit-out package for a new data centre in Hayes, West London.
The signing of these two contracts means that the Group has secured 25 contracts in 2014 (all for completion within this year) and these are evenly spread between the Group's core area of data centre related work and the provision of specialist construction services - the latter having been the subject of increased focus by the Group during the last couple of years.
Graham Read, the Group CEO said "these new contracts when taken together with those that are being negotiated or tendered for and the opportunities that are being offered to us means that this a very exciting time for the Group. Activity levels continue to increase."
Contacts:
Mountfield Group Plc
Graham Read, Chief Executive Officer 01268 561 516
WH Ireland Limited (Nominated adviser)
Chris Fielding, Head of Corporate Finance 020 7220 1650
James Bavister, Corporate Finance Executive