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Fri September 25 2020

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Data centre contracts lift Mountfield

22 Jul 11 Fit-out contractor Mountfield has been awarded new contracts with an aggregate value of £8.2m.

These include new data centre fit-outs – a specialist area for Mountfield - and a large-scale national IT facility upgrade.

These contracts are in addition to the contracts worth more than £5m that were announced in May this year.

In the year to date, the company has secured work in the first half of this year worth more than £14m. This is a four-fold increase on the £3.5m won in the same period last year.

Mountfield said that this is further evidence of the increased buoyancy in the data centre sector of the construction market.

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CEO Graham Read said:  "Our reputation as a specialist builder for data centres has put us in a prime position to win these and a number of other contracts that we are currently pursuing. These contract wins represent a small part of the work that we are bidding for and I am pleased to say that our hit rate for successful bids is very high.

“It gives me great personal satisfaction that whilst the Mountfield name is synonymous with quality in the data centre build and refurbishment sector our expertise and ability to complete high quality work on time and within budget has led to an increasing number of enquiries for us to undertake certain specialist works in a limited number of high margin, value added sectors in addition to the data centre and IT sector.

“The IT space will remain core to group activities in future. However, we can also see certain specialist works significantly contributing to both group revenues and profitability going forward. Our half year results will be published in September at which time we expect to be in a position to update the market on additional progress for the group."

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