Mountfield Group (MOGP)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

 1.45p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.10
  • 52 Week Low: 1.25
  • Currency: UK Pounds
  • Shares Issued: 254.24m
  • Volume: 0
  • Market Cap: £3.69m

Mountfield's order book hits record highs

By Iain Gilbert

Date: Monday 11 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Construction services outfit Mountfield has secured a record amount of work for this point in its trading year, with demand for its services remaining high.
As of 31 January, Mountfield had locked in £10m worth of work, ahead of the £8.8m recorded in its previous trading year, leading the group to its highest recorded turnover since its admission to AIM in 2008.

Mountfield acknowledged that whilst much of the construction industry had been impacted by the "unresolved" Brexit negotiations, it had continued to experience "buoyant" demand for its services, something it said was reflected in the increased value of its secured work.

Looking forward, Mountfield's board assured investors it was "confident" it would produce "another strong performance" in 2019 as a result of the record amount of work secured it had secured.

Mountfield CAF flooring subsidiary reported another year of growth, with an order book standing at roughly £3m, while its construction services unit MBG saw its order book swell around 204% year-on-year to £7m.

Chief executive Andy Collins said: "We are delighted that the group performed so well in 2018.

"Both CAF and MBG delivered the strong performance that the directors expected and we believe that the quality and strength of the group's client base will result in further projects secured and continued growth."

As of 0840 GMT, Mountfield shares had picked up 6.67% to 1.60p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

MOGP Market Data

Currency UK Pounds
Share Price 1.45p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.10
52 Week Low 1.25
Volume 0
Shares Issued 254.24m
Market Cap £3.69m

MOGP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.76% above the market average51.76% above the market average51.76% above the market average51.76% above the market average51.76% above the market average
42.11% above the sector average42.11% above the sector average42.11% above the sector average42.11% above the sector average42.11% above the sector average
Price Trend
5.31% below the market average5.31% below the market average5.31% below the market average5.31% below the market average5.31% below the market average
12.82% below the sector average12.82% below the sector average12.82% below the sector average12.82% below the sector average12.82% below the sector average
Income Not Available
Growth
84.70% above the market average84.70% above the market average84.70% above the market average84.70% above the market average84.70% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average

MOGP Dividends

No dividends found

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

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