29 Apr 2013 09:22
29 April 2013
PhotonStar LED Group Plc
Update on year end trading and results date
PhotonStar LED Group plc (AIM: PSL, "PhotonStar" or "the Group") the British designer and manufacturer of smart LED lighting solutions, announces that following a review of its year-end figures to 31 December 2012, it now expects to report a slightly improved EBITDA result than initially indicated in the trading update of 12 February 2013.
With new CFO, Russell Banks, taking up the post in early April, the Group anticipates announcing its audited results no later than the week commencing 27 May 2013.
For further information:
PhotonStar LED Group PLC (www.photonstarled.com) | +44 (0)2381 230 381 |
James McKenzie - Group Chief Executive |
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Russell Banks - Chief Financial Officer | |
finnCap | +44 (0)20 7220 0500 |
Geoff Nash/Charlotte Stranner (Corporate finance) |
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Brian Patient (Corporate broking) | |
College Hill | +44 (0)20 7457 2020 |
Adrian Duffield/Rozi Morris |
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Note to editors:
About PhotonStar LED Group PLC
PhotonStar LED Group PLC ("PhotonStar" or the "Group") is a British designer and manufacturer of smart LED lighting solutions. The Group's proprietary technology seamlessly integrates LEDs, sensors and controls to provide intelligent lighting for commercial and architectural applications which benefit from greater CO2 reduction, lower cost of ownership & improved functionality compared to other available light sources. PhotonStar's lighting products have won numerous awards for performance, innovation and reliability, and are unique in the industry for the use of recycled, and recyclable materials, which means they have 90% less embodied CO2 than equivalent products providing the same levels of illumination.
PhotonStar comprises two divisions: LED Lighting Fixtures which works with lighting designers, architects, house builders, facilities management companies and sustainability consultants to provide intelligent, high-end LED lighting solutions for the commercial and architectural market, and LED Light Engines which provides LED lighting solutions for specialist applications such as film & television production lighting, UV curing and medical applications.
PhotonStar is based in Romsey, Hampshire with manufacturing in Wales. The Company was admitted to AIM in December 2010.