Timing delays impact current year but significant new contracts for Alternative Energy Division

A trading update from the specialist engineering group has resulted in a material reduction in current year (September 2016) estimates due to a delay in the timing of contracts.More positively the Alternative Energy Division has secured a number of significant new contracts with the 2017 financial year positively impacted as a result of these being carried over for completion in the 2017. The Group’s manufacturing divisions also continue to trade in-line.