The Group has announced that its subsidiary, Chesterfield Special Cylinders (‘CSC’), has won a major contract with EDF Energy for nitrogen storage solutions for EDF’s UK nuclear power plants at Heysham, Torness and Hartlepool. This represents the largest order in CSC’s history outside the defence sector. The contract is noted to be worth in excess of £3m and provides a significant underpin to our FY2020E forecasts.
09 Oct 2019
Major contract win with EDF Energy
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Major contract win with EDF Energy
Pressure Technologies plc (PRES:LON) | 37.5 0 0.0% | Mkt Cap: 14.5m
- Published:
09 Oct 2019 -
Author:
Richard Hickinbotham -
Pages:
3
The Group has announced that its subsidiary, Chesterfield Special Cylinders (‘CSC’), has won a major contract with EDF Energy for nitrogen storage solutions for EDF’s UK nuclear power plants at Heysham, Torness and Hartlepool. This represents the largest order in CSC’s history outside the defence sector. The contract is noted to be worth in excess of £3m and provides a significant underpin to our FY2020E forecasts.