If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCheckit Regulatory News (CKT)

Share Price Information for Checkit (CKT)

Share Price is delayed by 15 minutes
Get Live Data
21.50    0.00 (0.00%)
Bid:
21.00
Ask:
22.00
Spread: 1.00 (4.762%)
Market Cap: £23.22m
CKT Live PriceLast checked at - London Stock Exchange

Intraday Checkit Share Chart

Trading update

17 Nov 2011 07:00

RNS Number : 2486S
Elektron Technology PLC
17 November 2011
 

ELEKTRON TECHNOLOGY PLC

("Elektron" or the "Group")

Trading Update

Elektron Technology plc (AIM: EKT) announces a trading update.

Orders for the Group compared to the prior year have increased by 6% year to date on a like for like basis and by 11% for October month on month. The Group is on track to deliver operating profits before exceptional items for the year to 31 January 2012 at a level similar to last year's performance. This is a reduction in management expectations for the current financial year but matches last year's record profits.

The Directors are pleased by the resilience of the business given the importance of Europe to the Group. Nevertheless the economic problems of the area are inevitably having an effect on sales. We are pleased to report the performances of brands such as Carnation Genisys and Henson remain strong in the UK. The Americas continue to show strong growth as a result of expansion of our distribution network and OEM partnership initiatives.

The Group is putting considerable emphasis on building up its business in the large and growing markets of the Asia Pacific region. It has already opened a new office in Shanghai and is currently searching for an office in New Delhi to accommodate expansion of its existing facility.

Shareholders will know that Elektron has been investing heavily in geographical, functional and new product development resource and, given the opportunities available, the Board intends to continue investing in the long term growth of the Group.

Elektron expects to release its preliminary statement of results for the year to 31 January 2012 on 12 April 2012.

For further information:

Elektron Technology plc

Tel. +44 (0) 1223 371000

John Wilson - Chief Executive Officer

Noah Franklin - Chief Financial Officer

finnCap

Tel. +44 (0)20 7220 0500

Ed Frisby/ Rose Herbert - Corporate Finance

Simon Starr - Corporate Broking

Threadneedle Communications

Tel. +44 (0)20 7653 9850

Josh Royston

Hilary Millar

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTFFFFWMFFSEDF
Date   Source Headline
30th Aug 20137:00 amRNSProduct Launch
16th Aug 20137:00 amRNSHolding(s) in Company
16th Aug 20137:00 amRNSHolding(s) in Company
15th Aug 20139:25 amRNSNotice of Results
27th Jun 20134:49 pmRNSResult of AGM
27th Jun 20137:00 amRNSAGM Statement
17th Jun 20132:21 pmRNSDirector Dealing
12th Jun 20137:00 amRNSCompletion of sale of Total Carbide Limited
7th Jun 20137:00 amRNSDisposal update
6th Jun 20137:00 amRNSAnalyst and investor site visit
16th May 201312:27 pmRNSDirectors' dealings
3rd May 20133:31 pmRNSDirector/PDMR Shareholding
23rd Apr 20139:00 amRNSAnnual Financial Report and Notice of AGM
11th Apr 20137:00 amRNSFull year results
5th Apr 201310:53 amRNSNotice of Results
14th Mar 20137:00 amRNSConditional Disposal of Total Carbide Limited
4th Mar 20138:33 amRNSPossible sale of Subsidiary
26th Feb 20137:00 amRNSLaunch of wireless food hygiene monitor
18th Feb 20133:36 pmRNSHolding(s) in Company
1st Feb 20137:00 amRNSTrading update
28th Jan 20137:00 amRNSHolding(s) in Company
10th Jan 20134:51 pmRNSHolding(s) in Company
2nd Jan 20132:54 pmRNSCompletion of disposal
3rd Dec 20127:00 amRNSProduct Launch
28th Nov 20127:00 amRNSDirector/PDMR Shareholding
27th Nov 20127:00 amRNSDisposal
1st Oct 20123:16 pmRNSDirector/PDMR Shareholding
13th Sep 20121:26 pmRNSDirector/PDMR Shareholding
13th Sep 20127:00 amRNSHalf year results
3rd Sep 20127:00 amRNSProduct Launch
31st Aug 20129:10 amRNSNotice of Results
23rd Aug 20124:37 pmRNSHolding in Company
21st Aug 20124:09 pmRNSDirector/PDMR Shareholding
20th Aug 201211:35 amRNSCorrection: Issue of scrip dividend shares
13th Aug 20128:04 amRNSIssue of Equity
31st Jul 20127:00 amRNSLaunch of new range of waterproof connectors
25th Jul 20124:16 pmRNSHolding(s) in Company
17th Jul 20121:15 pmRNSHolding(s) in Company
10th Jul 20121:50 pmRNSHolding(s) in Company
6th Jul 201211:47 amRNSHolding(s) in Company
3rd Jul 20127:00 amRNSBoard Changes
28th Jun 20125:36 pmRNSResolutions Passed
28th Jun 201210:19 amRNSDirector Dealing
28th Jun 20127:00 amRNSAGM Statement
7th Jun 201210:33 amRNSHolding(s) in Company
17th May 20127:00 amRNSAnnual Report and Notice of AGM
12th Apr 20127:00 amRNSFull year results
30th Mar 201211:04 amRNSNotice of Results
21st Feb 201210:27 amRNSHolding(s) in Company
1st Feb 20127:00 amRNSTrading update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.