Business
Trading Update
Trading Update.
About this update from Hellenic Dynamics Plc
[{"type":"text","content":"\n \nRNS Number : 2931X Mountfield Group plc 23 November 2017 \n\n \n23 November 2017\n \nMountfield Group Plc (the \"Group\")\nAnd its subsidiaries Connaught Access Flooring Limited (\"Connaught\" or \"CAF\") and Mountfield Building Group Limited (\"MBG\")\n \nTrading Update\n \nThe Board of the Group, the AIM listed commercial flooring and specialist construction services company, is pleased to provide a trading update for the year to date.\n \nFollowing a review by the Directors of the Group's second half performance in 2017 and of the forecast revenue for the remainder of the year from contracts already announced, they advise that the net profit for the period is likely to exceed that achieved in both the first half of the year to 30 June 2017 and the second half of the year to 31 December 2016.\n \nSince 30 June 2017, the Group has announced contract wins totalling £8.92m as follows: \n \n\n\n\n\nAnnouncement of Contract\n\n\n Announced Contract Value (£) \n\n\nSubsidiary\n\n\nExpected Completion\n\n\n\n\n09/10/2017\n\n\n 4,000,000 \n\n\nCAF\n\n\nOctober 2018\n\n\n\n\n05/10/2017\n\n\n 1,020,000 \n\n\nMBG\n\n\nFebruary 2018\n\n\n\n\n02/10/2017\n\n\n 1,650,000 \n\n\nMBG\n\n\nMarch 2018\n\n\n\n\n06/09/2017\n\n\n 750,000 \n\n\nMBG\n\n\nJanuary 2018\n\n\n\n\n29/08/2017\n\n\n 1,500,000 \n\n\nCAF\n\n\nSeptember 2018\n\n\n\n\n \nThe Directors are pleased to advise that work has commenced and is on schedule for all of the contracts above. \n \nHaving successfully won a number of contracts in the second half of 2017 which are expect...