08 January 2014
MPEC is pleased to announce that it has received a significant order for its Remote Condition Monitoring equipment.
The initial order, which has been placed through the five year Framework Agreement announced on the 21st October 2013, comes from an existing UK client and has a value of £2.2m. It will be fulfilled within the current financial year as per an agreed delivery schedule with the customer.
An order of this magnitude provides the Group with additional confidence in meeting current market expectations.