Source - SMW
Mountfield Group has issued its half-yearly report to 30 June 2016.


- Gross profit of £1m (H1 2015: £1.1m) on revenue of £4.9m (H1 2015: £7.3m).

- Group margins increased from 14.8% (in the first half of 2015) to 20.8%.

- Net profit before tax increased from £246k (in the first half of 2015) to £316k.

- Directors expect the performance to continue in the second half of the year.

- The business of Connaught Access Flooring Limited ("CAF" or "Connaught") continues to cement its position as a market leader.

- Mountfield Building Group Limited ("MBG") is now able to achieve sustainable profitability.

- Neither Company has seen a post-Brexit decline in business activity.