5th Apr 2016 08:07
LONDON (Alliance News) - Construction company Mountfield Group PLC on Tuesday said its Connaught Access Flooring Ltd business has experienced a strong start to 2016.
Mountfield shares were up 61% to 1.49 pence.
Connaught has won 30 new contracts with an aggregate value of GBP1.1 million in the first half, including a GBP400,000 deal for flooring work on a new business centre in Salford, near Manchester.
In addition, Connaught is still working on a contract worth in excess of GBP5.0 million for an unnamed City of London headquarters.
"We are delighted at the positive start for Connaught in 2016. We are already fully engaged with current projects including the City HQ contract in particular and the latest project wins should see that this year will be an extremely busy one for the company," said Mountfield Chief Executive Andy Collins.
By Sam Unsted; [email protected]; @SamUAtAlliance
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