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LONDON (Alliance News) - Petards Group PLC Wednesday said that trading was in line with the board's expectations in the first quarter of 2015 and its order book has been maintained after recent contract wins including those it has already reported from Siemens and an unnamed major UK defence systems contractor.
"Against this background the board remains confident of the prospects for the company for the year," Chairman Raschid Abdullah said in a statement ahead of the company's annual general meeting.
Petards shares were up 4.0% at 11.70 pence Wednesday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1
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