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Redhall going upmarket
Engineering firm Redhall (RHL:AIM) is getting a better quality and quantum of orders, building on an encouraging full year performance in 2017.
The delayed £8m contract on the Hinkley Point nuclear plant is now expected to complete in 2018.
The company raised £9.5m through a placing in June 2017 in order to be able fulfil its growing order book. In the last 12 months the shares are down 20% at 8.5p. (DS)