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Trading Update and Notice of Results

8 Dec 2016 07:00

RNS Number : 2539R
Amino Technologies PLC
08 December 2016
 

8 December 2016

Amino Technologies plc

 

("Amino" or "the Company")

 

Trading Update and Notice of Results

 

Amino Technologies plc (LSE AIM: AMO), the Cambridge-based provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, today provides the following trading update for the year ended 30 November 2016.

 

As announced on 10 October 2016, the Company set out better than expected trading for the full year ended 30 November 2016 driven by record orders in August coupled with favourable foreign exchange effects. For the full year ended 30 November 2016, the Board now expects to report revenue and profit marginally ahead of these revised market expectations. The Company's cash position at 30 November 2016 was £6.2m (30 November 2015: £2.1m) which is also ahead of market expectations.

 

The Company moves into 2017 with a solid order backlog providing good visibility into the first half of next year, further underlining the strong sales performance delivered during the past 12 months.

 

Commenting on today's announcement, Keith Todd CBE, Non-Executive Chairman said:

 

"This has been a transformative year for Amino in terms of the scope, scale and performance of the business. With strong financial metrics, a solid order backlog and our enhanced product offering, the Company goes into 2017 with confidence."

 

The Company will announce its full year results on 7 February 2016.

 

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

 

Ends

For further information please contact:

Amino Technologies PLC

+44 (0)1954 234100

Donald McGarva, Chief Executive Officer

Mark Carlisle, Chief Financial Officer

finnCap Ltd (NOMAD and Joint Broker)

+44 (0)20 7220 0500

Matt Goode / Carl Holmes / Simon Hicks (Corporate Finance)

Simon Johnson / Tim Redfern (Corporate Broking)

Canaccord Genuity Limited (Joint Broker and Financial Adviser)

+44 (0)20 7523 8000

Simon Bridges / James Craven / Emma Gabriel

FTI Consulting LLP (Financial PR)

+44 (0)20 3727 1000

Chris Lane / Alex Le May / Darius Alexander

scamino@fticonsulting.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFSDFILDIIR
Date   Source Headline
16th Nov 200711:05 amRNSHolding(s) in Company
12th Nov 20073:48 pmRNSHolding(s) in Company
26th Oct 200711:43 amBUSAmino Capacita Primeiras Resid£ncias Conectadas em IPTV Por Comunica££es Sem Fios da Am£rica Latina
25th Oct 20077:02 amRNSProduct/customer developments
24th Oct 20074:22 pmBUSAmino Presente en los Primeros Hogares de IPTV en Am£rica Latina Conectados via Inal£mbrica
24th Oct 20072:51 pmBUSAmino Powers First Wireless IPTV Connected Homes in Latin America
22nd Oct 20072:15 pmBUSAmiNET130 Completes MPEGIF Logo Qualification Program for MPEG-4 AVC/H.264
16th Oct 20072:05 pmBUSAmino Shows the Way for HDTV Via DSL at Telco TV Conference
21st Sep 200711:31 amRNSHolding(s) in Company
13th Sep 20071:41 pmRNSHolding(s) in Company
12th Sep 20074:00 pmBUSAmino Wins an International Award at the IBC Event
12th Sep 20072:06 pmBUSAmino Wins an International Award at the IBC Event
12th Sep 20077:03 amRNSAward for best IPTV product
11th Sep 20077:01 amRNSHolding(s) in Company
28th Aug 20072:05 pmBUSAccedo Broadband Launches Interactive Services for AmiNET130 High Definition Applications for Amino IPTV Set-Top-Box
28th Aug 20079:22 amRNSDirectorate Change
17th Aug 20075:22 pmRNSAIM Rule 26
16th Jul 20077:00 amRNSInterim Results
18th Jun 20073:22 pmBUSAmino Releases New High Definition, PVR-Capable Set-Top Box for Advanced IPTV Solutions at NXTcomm 2007
18th Jun 20073:21 pmBUSAmino and SureWest Communications Expand Set-Top Box Relationship to Deliver Advanced IPTV Services
18th Jun 20077:01 amRNSSureWest STB deployment
7th Jun 20077:00 amRNSCancellation of share premium
9th May 200710:05 amBUSOrb and Amino Expand Partnership to Deliver Personal and Broadband Media to the TV Screen
17th Apr 20075:00 amBUSAmino to Port IntAct IPTV Software Stack to New Intel Media Processor for IPTV
16th Apr 20074:00 pmBUSVerimatrix Demonstrates User-Specific Forensic Watermarking on Leading Amino IPTV Set-top Box
11th Apr 20071:54 pmBUSAmino Previews New High Definition PVR-Capable IPTV Platform at NAB 2007
10th Apr 20076:25 pmRNSHolding(s) in Company
30th Mar 20072:57 pmRNSTotal Voting Rights
30th Mar 20072:48 pmRNSHolding(s) in Company
28th Mar 200710:43 amRNSResult of AGM
28th Mar 20077:01 amRNSAGM Update Statement
26th Mar 200710:00 amBUSAmino Ranked World Leader in IPTV Set-Top Box Market for Second Year Running
2nd Mar 20075:32 pmRNSHolding(s) in Company
28th Feb 20075:39 pmRNSTotal Voting Rights
27th Feb 20074:04 pmRNSHolding(s) in Company
27th Feb 20072:37 pmRNSHolding(s) in Company
26th Feb 20076:17 pmRNSHolding(s) in Company
26th Feb 20076:12 pmRNSHolding(s) in Company
26th Feb 20076:12 pmRNSHolding(s) in Company
23rd Feb 20075:50 pmRNSIssue of Equity
22nd Feb 20072:16 pmRNSHolding(s) in Company
7th Feb 20074:35 pmRNSHolding(s) in Company
2nd Feb 20073:06 pmRNSIssue of Equity
29th Jan 20078:00 amBUSTime Broadband Signs Deal With Amino
29th Jan 20077:02 amRNSFinal Results
22nd Jan 20077:01 amRNSNotice of Final Results
22nd Jan 20077:01 amRNSAppointment of director
19th Jan 20074:04 pmRNSHolding(s) in Company
19th Jan 20071:00 pmRNSLicence contract
8th Jan 20076:00 amBUSAmedia Joins Its All-in-One Residential Gateway and Media Portal with Amino IPTV Platform to Form Foundation for New Broadband Entertainment Center Demo at CES

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