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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
6th Dec 20187:00 amRNSTrading Update and Notice of Results
23rd Nov 20181:09 pmRNSHolding(s) in Company
14th Nov 20185:26 pmRNSDirector/PDMR Shareholding
9th Nov 20185:28 pmRNSHolding(s) in Company
6th Nov 20186:02 pmRNSHolding(s) in Company
31st Oct 20184:10 pmRNSTotal Voting Rights and Transaction in own shares
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10th Oct 20187:00 amRNSDirector/PDMR Shareholdings
8th Oct 20182:05 pmRNSSecond Price Monitoring Extn
8th Oct 20182:00 pmRNSPrice Monitoring Extension
8th Oct 20187:00 amRNSTrading update
3rd Oct 20187:00 amRNSContract Win
28th Sep 20184:53 pmRNSHolding(s) in Company
27th Sep 201811:57 amRNSHolding(s) in Company
25th Sep 20187:00 amRNSReplacement: TVR/Transaction in Own Shares
24th Sep 201811:49 amRNSDirector/PDMR Shareholding
16th Aug 20185:58 pmRNSTotal Voting Rights/Transaction in Own Shares
10th Aug 20181:23 pmRNSHolding(s) in Company
7th Aug 20181:41 pmRNSDirector/PDMR Shareholding
2nd Aug 20188:47 amRNSDirector/PDMR Shareholding
17th Jul 20187:03 amRNSHalf-Year Results
6th Jun 20187:00 amRNSAppointment of Joint Broker
6th Jun 20187:00 amRNSTrading Update
4th Jun 20187:00 amRNSKabelnoord selects Amino's MOVE for fibre rollout
15th May 20187:00 amRNSAmino selected for 4K UHD service in Slovenia
1st May 20181:52 pmRNSDirector/PDMR Shareholding
30th Apr 20187:00 amRNSDirectorate Change
27th Mar 201812:20 pmRNSResult of AGM
9th Mar 201810:02 amRNSHolding(s) in Company
26th Feb 20183:48 pmRNSCorrection: Annual Report and Notice of AGM
26th Feb 20181:56 pmRNSAnnual Report and Notice of AGM
20th Feb 20184:13 pmRNSTotal Voting Rights/Transaction in Own Shares
9th Feb 20185:37 pmRNSTransaction in Own Shares
6th Feb 20184:16 pmRNSDirector/PDMR Shareholding
6th Feb 20187:00 amRNSFinal Results
6th Feb 20187:00 amRNSDirectorate changes and senior appointments
23rd Jan 201810:17 amRNSHolding(s) in Company
18th Jan 201810:19 amRNSResult of General Meeting
12th Jan 201812:20 pmRNSHolding(s) in Company
12th Jan 201811:39 amRNSHolding(s) in Company
10th Jan 20187:00 amRNSContract Win
14th Dec 20177:00 amRNSReplacement Notice of General Meeting
6th Dec 20179:28 amRNSHolding(s) in Company
5th Dec 20173:31 pmRNSHolding(s) in Company
5th Dec 20177:00 amRNSTrading Update and Notice of Results
1st Dec 20177:00 amRNSNotice of GM for authority to buy back shares
27th Nov 20177:00 amRNSPDMR Shareholding, Transaction in Own Shares & TVR
21st Nov 20177:00 amRNSTransaction in Own Shares
6th Nov 201710:18 amRNSHolding(s) in Company
2nd Nov 20173:28 pmRNSTransaction in Own Shares

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