LONDON (Alliance News) - Sepura PLC said Thursday that it will post revenues ahead of market expectations for the year ended March 28, and adjusted operating profit and earnings per share in line with expectations.
Sepura produces secure digital radios.
It expects to post revenues of around EUR116 million, up 11% from EUR104.8 million in the previous year.
Earnings per share is expected to be 8.4 cents, up from 7.8 cents.
Sepura expects to have closing net cash of EUR5.3 million, after it invested EUR5.0 million in acquisitions, EUR1.3 million in share repurchases and EUR3.0 million in dividend payments.
Sepura will announce its full-year results June 10.
Shares in Sepura were trading up 0.2% at 135.00 pence Thursday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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