29 Jan 2019 08:04
29 January 2019
Management Resource Solutions plc
("MRS" or the "Group")
MRS Services Group wins contract to construct Truck Trays
Management Resource Solutions plc (AIM: MRS) is pleased to announce that its wholly owned subsidiary MRS Services Group has secured a contract for the structural fabrication of eight coal truck trays. This contract has a value of between AUD$800k and AUD$900k.
Construction of the first trays will commence immediately and is expected to complete during February 2019.
This contract will be delivered from the Group's Muswellbrook facility, the only one of its kind in the Hunter Valley. The Directors believe the Group's facility is industry leading, providing a safe and controlled working environment, delivering the best quality of work for our customers.
Paul Brenton, Chief Executive Officer of Management Resource Solutions PLC, commented:
"This is a fantastic contract for MRS to win and further demonstrates how the Group's diversified service offering of MRS Services Group and our Engineering and Maintenance Facility differentiates us from our competitors.
"We don't believe any other supplier in the Hunter Valley can control the working environment for complicated construction projects like this. This contract provides further endorsement of the quality of the team's work and ability to deliver projects on time. MRS continues to enhance its position as a diversified fabrication and maintenance service offering in the Hunter Valley."
For further information:
Management Resource Solutions plc John Zorbas, Chairman Paul Brenton, CEO Tim Jones, Finance Director
| via FTI Consulting Tel: +44 (0) 20 3727 1000 |
Northland Capital Partners Limited (NOMAD & Broker) David Hignell Gerry Beaney Jamie Spotswood
| Tel: +44 (0) 20 3861 6625 |
Peterhouse Corporate Finance Limited (Joint Broker) Charles Goodfellow Lucy Williams
| Tel: +44 (0) 20 7469 0932 |
FTI Consulting (Financial PR) Alex Beagley James Styles Laura Saraby
| Tel: +44 (0) 20 3727 1000 |
About MRS
Management Resource Solutions plc (MRS), through its subsidiaries Bachmann Plant Hire and MRS Services Group, offers plant hire, equipment repair, refurbishment and fabrication, mine rehabilitation, earthmoving, road construction and other support services to a wide base of private and public sector clients in Australia. MRS caters predominately for the mining, civil engineering, construction and infrastructure industries.
Further information on the Company can be found at http://www.mrsplc.info