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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
17th Jul 200912:00 pmRNSNotice of Results
9th Jun 20097:00 amRNSTrading Update
21st May 20099:52 amRNSHolding(s) in Company
18th May 20092:21 pmRNSHolding(s) in Company
31st Mar 200912:08 pmRNSTotal Voting Rights - Replacement
31st Mar 200910:30 amRNSTotal Voting Rights
23rd Mar 20099:29 amRNSHolding(s) in Company
18th Mar 20094:29 pmRNSAGM Statement
10th Mar 20093:34 pmRNSIssue of Equity
23rd Feb 20097:00 amRNSNotice of AGM
11th Feb 20092:48 pmRNSHolding(s) in Company
2nd Feb 20097:05 amRNSAMINO PASSES MILESTONE OF 2M UNITS SOLD GLOBALLY
2nd Feb 20097:00 amRNSFinal Results
8th Dec 20087:00 amRNSTrading Update
4th Dec 20087:00 amRNSDirectorate Change
2nd Dec 20087:00 amRNSCompletion of Acquisition
20th Nov 20087:00 amRNSAcquisition
12th Nov 20087:00 amRNSAmiNET530 Certification Approval
11th Nov 20087:00 amRNSContract Win
29th Oct 20087:00 amRNSDirector/PDMR Shareholding
8th Oct 20085:26 pmRNSDirector Share Dealing
29th Sep 20087:00 amRNSAssetHouse sells licence to TV 2.0 provider
15th Sep 20087:00 amRNSAmino confirms Minerva certification
12th Sep 20087:00 amRNSAgreement with leading telecom provider
12th Sep 20087:00 amRNSAmino STB roll out into Estonian IPTV market
27th Aug 20083:17 pmRNSHolding(s) in Company
20th Aug 20084:07 pmRNSGrant of Options
19th Aug 20089:37 amRNSHolding(s) in Company
11th Aug 20087:00 amRNSInterim Results
23rd Jun 20087:00 amRNSPR Appointment & Results Noti
11th Jun 200812:03 pmRNSPDMR Shareholding
11th Jun 200811:40 amRNSHolding(s) in Company
10th Jun 20087:00 amRNSAcquisition of AssetHouse Tec
9th Jun 20087:00 amRNSPeriod-end trading update & C
2nd May 20084:31 pmRNSTotal Voting Rights
25th Apr 20084:40 pmRNSSecond Price Monitoring Extn
25th Apr 20084:35 pmRNSPrice Monitoring Extension
14th Apr 20081:09 pmRNSTransaction in Own Shares
9th Apr 200811:27 amRNSHolding(s) in Company
9th Apr 200811:06 amRNSHolding(s) in Company
7th Apr 20082:32 pmRNSTransaction in Own Shares
19th Mar 200812:23 pmRNSResult of AGM
14th Mar 20082:13 pmRNSIssue of Equity
29th Jan 200810:27 amRNSDirector Shareholding
28th Jan 20087:00 amRNSFinal Results
24th Jan 20087:00 amRNSDirectorate Change
10th Jan 20087:00 amRNSNotice of Final Results
5th Dec 20077:00 amRNSPeriod end trading update
20th Nov 200712:16 pmRNSHolding(s) in Company
16th Nov 200711:07 amRNSHolding(s) in Company

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