Mountfield Group PLC (LON:MOGP) Chairman Peter Jay today said: “The Mountfield Group are currently preparing a trading statement and update for release within the next couple of weeks.
The Connaught flooring division finished 2015 strongly and in addition to its strong pipeline is expecting to participate in interesting tendering opportunities this year. The Special Works unit that it built up last year and which specialises in smaller, quick turnaround contracts has been very successful and is expected to grow further in 2016 to become a significant revenue earner for Connaught.
The reconstruction of MBG, the Group’s construction division that was begun last April was completed in December with the finalisation of the accounts on two legacy projects – sub-contract works of a type that would not be undertaken following the extensive review and reconstruction. The Board is pleased at the manner in which the pipeline of works that comply with its new profile is looking is growing.”
