Galasys Delivers Solid First Half, Will Meet Full-Year Expectations

LONDON (Alliance News) - Galasys PLC Tuesday said that it has delivered a solid performance in the first half of 2015 and expects to deliver results for the full year in line with market expectations.

Galasys, which provides solutions and services to the theme park industry in Asia, said it won significant new contracts in China, the Philippines and Malaysia in the six months to end-June, and said it expects its partnership with the Xinjiang Tourism Association and collaboration agreement in Hong Kong to provide many more opportunities going forward.

Galasys said it is confident of the remainder of the year and will publish its first-half results in early September.

Shares in Galasys were untraded on Tuesday, last trading at 29.50 pence.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

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