LONDON (Alliance News) - Engineering & construction firm NMCN PLC on Thursday said it expects further progress ahead after reporting a significant revenue rise in the first quarter.
NMCM shares were trading up 11% at 595.00 pence each following the news.
The company said it made a good start to 2019, with revenue rising 27% to GBP94.4 million and profitability tripling to GBP1.8 million from GBP640,000 in the same period a year ago.
"The outlook for the current year is positive and we expect further progress, strategically, operationally and financially to be made," NMCN said.
"Our secured workload for completion this financial year stands at GBP342.0 million and we are confident that further orders will be forthcoming."