LONDON (Alliance News) - LED systems and laser diode modules manufacturer ProPhotonix Ltd on Thursday said it remains confident on its pipeline and on its outlook for the coming year.
Chief Executive Tim Losik, in comments to be given at its annual general meeting, said ProPhotonix has had an encouraging 2016 so far, with production orders from three customers and new product launches in its UV range.
"The board remains positive about the business pipeline and confident in our ability to achieve continued positive momentum toward our profitability objectives," he added.
ProPhotonix shares were up 13% to 3.40 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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