Densitron Technologies PLC Result of AGM and Trading Update (7830P)
10 6월 2015 - 8:55PM
UK Regulatory
TIDMDSN
RNS Number : 7830P
Densitron Technologies PLC
10 June 2015
10 June 2015
Densitron Technologies plc
("Densitron" or the "Company")
Result of AGM and Trading Update
Densitron Technologies plc (AIM: DSN), the provider of
electronic displays and related electronics and software, is
pleased to announce that at the Company's AGM held earlier today
all resolutions were passed.
At the AGM the Company's Chairman, Jan Holmstrom, gave the
following trading update:
"I am pleased to be able to report that the trading performance
of the business for the year to date has been encouraging. We are
confident that the operating profit before exceptional items is on
track to achieve market expectations for the full year.
In the last 12 months work has been done to improve the sales
visibility within the business and I am pleased to report that
business that has already been delivered to customers and business
that has been booked and is scheduled for delivery over the
remainder of the year, is approximately 10% greater than that
achieved for the full year 2014. We anticipate that this will grow
as further orders are booked for delivery later in 2015.
In recent years the business has been loss making in the first
half and profitable in the second half of the year. However
management has focussed on ensuring that while growing the
business, sales are achieved more evenly throughout the year. While
the expectation is still that the second half will be stronger than
the first, it is expected that the Company will report an operating
profit for the first half of the current financial year, compared
to an operating loss in the same period in 2014."
For further enquiries, please contact:
Densitron plc Tel: 020 7648 4200
Grahame Falconer, CEO
Tim Pearson, Group Finance
Director
Westhouse Securities Tel: 020 7601 6100
(Nominated Adviser &
Broker)
Martin Davison
IFC Advisory (Financial Tel: 020 3053 8671
PR)
Tim Metcalfe
Heather Armstrong
This information is provided by RNS
The company news service from the London Stock Exchange
END
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