RE: Contact RNS's28 Feb 2023 09:29
Got a reply back to my question....
Firstly, thank you for your continued interest in Chamberlin and for remaining a loyal investor during what has been a most challenging period.
In terms of RNS for contract awards, we tend to only announce those that will have a material impact on our forecasts and outlook. Our daily focus is on winning new contracts and orders and we have had a measure of success across all our sites in recent months that have kept our order books at healthy levels. For example, following the AGM on 30 November 2022, we provided the market with a trading update in which we announced that Chamberlin & Hill Castings had secured over Β£2m of new work for the foundry and machining facility. In aggregate, the Β£2m of new work is significant to that company and will contribute to the performance of that business improving in the final quarter of this financial year and into the next. However, the Β£2m is spread across several new customers and individually they were not significant enough to RNS separately.
We are working hard every day to win new contracts and orders to support our growth plans and rest assured, when we have anything material to announce, we will be shouting it from the rooftops!