Synectics Share News (SNX)

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.

IN BRIEF: Synectics appoints new chair with immediate effect

Synectics PLC - Sheffield, England-based advanced security and surveillance provider - Appoints Independent Non-executive Director & Chair Designate Craig Wilson as its new non-executive chair with immediate effect. Says he was appointed as independent non-executive director and chair designate in November. Also notes David Coghlan has retired as a director.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Synectics trading meeting expectations amid Covid challenges

Synectics PLC - Sheffield, England-based advanced security and surveillance provider - Says trading continued in line with expectations in the second half of its financial year that ended November 30. Says this is despite trading challenges in Asian casinos and gaming resorts due to the now-ended zero Covid-19 policy in China, causing travel restrictions.

Synectics set to beat full-year underlying profit expectations

(Sharecast News) - Security and surveillance technology developer Synectics said in an update on Tuesday that trading had continued in line with its expectations in the financial year just ended.

IN BRIEF: Synectics completes sale of SSS Management Services business

Synectics PLC - Sheffield, England-based security systems company - Announces completion of sale of its SSS Management Services Ltd business to Parfas Ltd. Sale agreed on November 11 for a cash consideration of GBP200,000.

IN BRIEF: Carclo shares down as division CFO Bedford promoted to CFO

Carclo PLC - West Yorkshire-based plastic parts manufacturer - Promotes David Bedford to chief financial officer and names him as a director, effective from yesterday, as CFO and director Phil White steps down. Says White will retire in June next year to ensure a smooth transition.

TRADING UPDATES: Driver records loss; Synectics sells business unit

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

Synectics sells non-core SSS business for up to £0.2m

(Sharecast News) - Security and surveillance system specialist Synectics announced the conditional sale of the business of SSS Management Services on Friday, to Parfas for up to £0.2m in cash.

IN BRIEF: Synectics names AdEPT director Wilson as chair designate

Synectics PLC - Sheffield, England-based security systems company - Names Craig Wilson as chair designate and a non-executive director with immediate effect. Says he will become non-executive chair after a planned transition and handover period of about three months. In June, David Coghlan said he will step down as chair by the end of this year after 16 years in the role to a "less direct role".

IN BRIEF: Synectics to announce appointment of new chair "shortly"

Synectics PLC - Sheffield, England-based security systems company - Says recruitment process for replacement for Chair David Coghlan is progressing positively, and expects to announce the appointment of Coghlan's successor "shortly". The firm first announced Coghlan's intention to retire back in June. Also says Michael Butler, an independent non-executive director, will leave the board upon the conclusion of the firm's financial year ending November 30.

Synectics swings to interim profit on oil and gaming sectors growth

(Alliance News) - Synectics PLC on Tuesday said it swung to a half-year profit as the security systems company said the oil and gas and gaming sectors beat activity levels from a year ago.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Synectics appoints Larnder finance director, Bedford leaves

Synectics PLC - Sheffield, England-based security systems company - Says Finance Director David Bedford has resigned and been replaced by Amanda Larnder with immediate effect.