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Share Price Information for Midwich Group (MIDW)

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Share Price: 370.00
Bid: 371.00
Ask: 381.00
Change: -1.00 (-0.27%)
Spread: 10.00 (2.695%)
Open: 371.00
High: 384.00
Low: 370.00
Prev. Close: 371.00
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Midwich secures sole distribution rights for 'super-size' LED displays

Thu, 28th Nov 2019 09:47

(Sharecast News) - Specialist trade audio visual distributor Midwich Group released its new line of fixed size 130 inch-plus all-in-one LED large format displays on Friday.
The AIM-traded firm said it would have sole distribution rights to Samsung's 130 inch, Absen's 138 inch and LG's 130 inch all-in-one LED displays.

It said the product line-up represented the leading fine pitch indoor LED displays on the market, with the board describing it as a further development of Midwich's large format category.

"It's an exciting time for the LED market, in what is a significant growth area for Midwich," said strategic development manager Lloyd Platt.

"We are already established as the leaders in large format displays across different technologies, and this announcement creates a new extension to this offering, with new bigger, brighter, higher contrast all-in-one LED screens, providing a truly seamless experience for our customers and end-users.

"As well as supplying the exclusive ranges from Samsung, Absen and LG, our diverse range of industry renowned expertise means we can support customers with full project design, large or small; understanding the most complex technical requirements and provide unrivalled aftercare product support, while also supplying 'all-in-one' off-the-shelf packages to meet the needs of our resellers."

Lee Harris, divisional director at Midwich, added that the company was now able to deliver on growing demand for "super-size" presentation and signage screens with the 'all-in-one' fixed sized LED range.

"The screens are built from smaller building blocks meaning they are easy to transport and install, to any building and any floor, right up to the top floor executive boardroom.

"This announcement marks a new era of super-size screens from Midwich and presents peace of mind for our customers, knowing they are manufactured by the world's largest display brands, Samsung and LG, and the world's largest LED specialist display brand, Absen."

At 1616 GMT, shares in Midwich were up 2.55% at 612.22p.
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