Significant contract win timely reminder of potential

The environmental and products services group has announced that it has secured a position on a new four year framework agreement with the UK’s largest public sector buying organisation. With results for the year ending December 2012 due shortly today’s news is a timely reminder of the Group’s key supplier status and long term potential. our view remains that the lowly market capitalisation (c£3.4m) appears unwarranted for a business that has developed a considerable manufacturing operation over the past 18 months, has revenues of approximately £30m and whose principal shareholder is fully supportive.