Trading update soon + Possible incoming offers for the group27 Mar 2025 16:01
Current Trading
The Group has recently received several orders from customers in the US, Indonesia and Europe and further orders are anticipated before the end of the financial year. Accordingly, the Board continues to expect that revenue for the financial year ending 31 March 2025 will be in the range of Β£5 to Β£6 million.
A further update on trading will be provided in early April.
Strategic Review
The Strategic Review continues and discussions are ongoing with relevant parties. It is hoped that one or more offers to either acquire the Group or to provide additional cash resources will be forthcoming although there can be no certainty that such offers will materialise.