Synectics Share News (SNX)

IN BRIEF: Synectics non-executive chair resigns with immediate effect

Synectics PLC - Sheffield, England-based security and surveillance systems firm - Non-Executive Chair Craig Wilson resigns with immediate effect. Says this is in order to "pursue other business interests". Non-Executive Director Steve Coggins has been appointed as interim non-executive chair. Synectics says it will make a further announcement in "due course".

Synectics' Craig Wilson steps down as chairman

(Sharecast News) - Security and surveillance firm Synectics revealed on Monday that Craig Wilson has stood down from the role of chairman, with immediate effect.

IN BRIEF: Synectics releases platform update with extra AI integration

Synectics PLC - Sheffield, England-based security and surveillance systems firm - Releases latest version of proprietary Synergy software platform. Says update includes data analysis tools, improved user functionality, "more robust" cybersecurity and further AI and sector-specific capabilities. The platform's user interface has been simplified and mapping capabilities are improved. Synectics adds that Synergy's open-architecture nature provides foundation for additional AI tools and more upgrades in the future. Notes that "AI functionality has multiple benefits, including risk detection and data analysis, improved operations and response times and to meet privacy regulations and requirements."

TRADING UPDATES: Rockhopper loss widens; Synectics inks new contract

(Alliance News) - (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Synectics sees double-digit interim profit growth, eyes strong trading

(Alliance News) - Synectics PLC on Tuesday said its half-year profit and revenue rose, driven by lower expenses and strong trading.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Synectics wins GBP2.0 million contract for CCTV system

Synectics PLC - Sheffield, England-based security and surveillance systems firm - Awarded contract worth GBP2.0 million to supply specialist camera stations for Saudi Arabian Oil Co's Zuluf development programme. Says a significant portion of contract is expected to be delivered by the end of the financial year ending November 30.

IN BRIEF: Synectics eyes "significantly" improved second-half trading

Synectics PLC - Sheffield, England-based security and surveillance systems firm - Says trading in the six months ended May 31 continued in-line with expectations, with good progress being made compared to the same period the year prior. Says progress in the half was underpinned by strong trading in the global oil and gas market. Says this expected to continue into the second half and beyond. Expects results for the year ending November 30 to be weighted to the "seasonally stronger" second half. Consolidated order book at May 31 "materially ahead" of the same date last year, with a "significant" proportion of this expected to trade in the second half. This, alongside a strong pipeline of expected orders, underpins the board's expectations of "significantly" improved trading in the second half.

TRADING UPDATES: Tlou receives loan to help fund Botswana operations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Synectics updates market on Asia casino-resort project

(Sharecast News) - Security and surveillance specialist Synectics updated the market on its new casino resort project in Asia on Tuesday.

TRADING UPDATES: Naked Wines optimistic; Hotel Chocolat warns on sales

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: Synectics wins contract to supply specialist camera stations

Synectics PLC - Sheffield, England-based advanced security and surveillance provider - Gets a contract award to provide specialist camera stations for Saudi Arabian Oil Co's Zuluf development programme, worth GBP3.5 million. Says the deal will be delivered by the end of the company's financial year on November 30. The Zulu field is about 40 kilometres off Saudi Arabia's northeast coast.

Synectics secures £3.5m contract with Saudi Aramco

(Sharecast News) - Security and surveillance systems group Synectics has secured a contract worth approximately £3.5m that will see it supply specialist camera stations for Saudi Aramco's Zuluf development programme.

IN BRIEF: Synectics achieves swing to annual profit; revenue rises

Synectics PLC - Sheffield, England-based advanced security and surveillance provider - Reports revenue of GBP39.1 million for the year ended on November 30, up 6.8% from GBP36.6 million the year before. Swings to a pretax profit of GBP361,000 from a loss of GBP558,000, on a gain of profit on sale of disconnected operations of GBP804,000. Underlying operating profit amounts to GBP1.2 million, compared to a loss of GBP500,000 the year before. Order book stands at GBP24.4 million as at November 30, up from GBP23.6 million on the same date a year earlier with a strong pipeline of expected orders.