Shares in MDM Engineering jumped after the firm said full results should be ahead of market expectations.
The mining industry project management company said it continued to see new wins in terms of studies and projects.
MDM said the new awards, together with others carried over from the previous financial year, had helped the company to grow as forecast in the first half of 2012.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"We are pleased to confirm that our growth path is on track and the measures we put in place subsequent to the global financial crisis in 2008 have paid off," said Chief Executive Martin Smith.
"MDM is on a strong footing notwithstanding the negative sentiment in Europe, and we continue to secure work in Africa with key clients."
The company's shares were up 6.8% at 1015 on Wednesday.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
The top coastal locations where properties are losing valueProperty prices across a number of coastal hotspots plunged in 2025 - which areas are most affected?
-
‘Lifetime ISA reform rumours won’t fix the flaw – Reeves must address the property price problem’Lifetime ISA reform was an exciting announcement in the Autumn Budget. But launching a new ISA product which fails to address the frozen property price cap would be disappointing, says Jessica Sheldon
