Surge in data centre work boosts Mountfield

Grant Prior 14 years ago
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A surge in demand for data centre construction and refurbishment work has seen specialist contractor the Mountfield Group enjoy its busiest six months for the last three years.

Mountfield specialises in the construction and fit-out of data centres and flooring work through its Connaught Access Flooring division.

The firm said the data centre market has bounced-back and is now “very exciting” after booking orders of £14m during the first six months of the year.

The firm said: “The significant increase in tendering activity has resulted in confirmed orders in the 6 month period to 30 June 2011 of approximately £14.0m.

“As a result, the order book for the Group is now at the levels experienced in 2008 and, based on the information our key clients are providing us on their own expansion and refurbishment plans, the market looks to be firm for the next three to five years.”

The group is also expanding into the high-end refurbishment market for residential and hotel properties which is expected to boost turnover.

Results for the six months to June 30 show a turnover of £5.3m compared to £8.5m for the whole of last year with a pre-tax profit of £38,000.

CEO Graham Read said the firm would now be looking at making strategic acquisitions as Mountfield is “well placed to be able to grow the business both in our core area but also in other areas where our skills and expertise will enable us to win profitable new contracts.”

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