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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Chamberlin Plc | LSE:CMH | London | Ordinary Share | GB0001870228 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.25 | 1.20 | 1.30 | 1.25 | 1.25 | 1.25 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Engineering Services | 20.72M | -125k | -0.0007 | -17.86 | 2.24M |
From Apr 2019 to Apr 2024
TIDMCMH
RNS Number : 8839V
Chamberlin PLC
06 December 2019
AIM: CMH
6 December 2019
CHAMBERLIN PLC
("Chamberlin" or the "Company")
Contract award for Scunthorpe foundry
Chamberlin, the specialist castings and engineering group, is pleased to announce the award of a significant new order for Russell Ductile Castings Limited, Chamberlin's iron and steel casting foundry based in Scunthorpe. The new order is for the supply of flap valves for the construction of the Thames Tideway Tunnel.
The initial order is for GBP0.9 million and represents approximately 50% of the total value of the contract which is worth up to GBP1.8 million. Production of the valves will commence in the current financial year, although the full benefit of the order will be seen through 2020 and beyond.
Kevin Nolan, Chief Executive of Chamberlin commented:
"In securing this very material order it is pleasing to note that Russell Ductile Castings is one of only a few foundries based in the UK capable of producing the cross section of complex castings required for this project. This order will go a long way towards securing production at the Scunthorpe facility for the foreseeable future".
Enquiries
Chamberlin plc T: 01922 707100 Kevin Nolan, Chief Executive Neil Davies, Finance Director Cenkos Securities plc (Nominated Adviser T: 020 7397 8900 and Broker) Russell Cook Katy Birkin KTZ Communications (Financial PR) T: 020 3178 6378 Katie Tzouliadis Dan Mahoney
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
CNTFSWFMIFUSESE
(END) Dow Jones Newswires
December 06, 2019 02:00 ET (07:00 GMT)
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