10 Feb 2014 11:00
RNS ANNOUNCEMENT
10 February 2014
Pentagon Protection plc
("Pentagon" or the "Company")
Trading update and notice of results
Pentagon Protection plc (AIM: PPR), the glass protection and security products and services specialist, announces that its final results for the year ended 30 September 2013 are now expected to be released by 21 February 2014 and are expected to be materially higher than market expectations.
Whilst Pentagon's Board of Directors is pleased with the results for the year ended 30 September 2013, trading in the current financial year has so far been below budget. The sales pipelines for each of the Company's three divisions continue to be strong and the Board is confident that a good number of projects will be converted into orders. There is an uncertainty however in the timing of these conversions which may have an impact on the Company's short term working capital.
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Enquiries:
Pentagon Protection Plc Haytham ElZayn, Chairman Steve Chambers, Managing Director
| Tel: 01923 221 910 |
Cantor Fitzgerald Europe (Nominated adviser) David Foreman / Catherine Leftley
| Tel: 020 7894 7000 |
Allenby Capital (Broker) Jeremy Porter / Graham Bell | Tel: 020 3328 5656 |
Notes to Editors:
About Pentagon Protection
Pentagon Protection is a trusted provider of global security and energy saving solutions for clients around the globe. Admitted to AIM in March 2003, Pentagon consists of three divisions focused on preventing and mitigating the terrorist and extremist threats, improving building security and energy efficiency and carbon reduction. Visit the website at www.pentagonprotection.com or contact us at info@pentagonprotection.com.
About SDS Group Ltd
The SDS Group was acquired by Pentagon Protection in September 2008 to enhance the group's portfolio of security products and services. SDS supplies training, consulting and security equipment, including highly-specialist security and search equipment, mainly to governments, police forces and security and defence forces in the UK and around the world. Visit the website at www.sdsgroupltd.co.uk or contact them at sales@sdsgroupltd.co.uk
About International Glass Solutions
In 2010 Pentagon acquired IGS, which specialises in window film installation and project management services for commercial and government buildings, retail clients and large office buildings around the world. Based in the United States, IGS improves the group's capability and increases our exposure and reach into the North American market. Visit the website at www.igsfilm.com or contact them at info@igsfilm.com