Last checked at 7 May 2015 15:43
CML Microsystems Plc
Trading Update
CML Microsystems Plc, ("the Group"), which designs, manufactures and markets a broad range of semiconductors, primarily for global communication and data storage markets, is pleased to provide the following update in respect of its trading for the year ended 31 March 2015.
Following on from the Interim Management Statement update of 11 March 2015, unaudited figures indicate that Group revenues for the year will be slightly ahead of consensus market guidance at around £21.8 million. Profit before tax is expected to be approximately £3.1 million and cash generation continues to be healthy resulting in net cash of close to £13 million at 31st March 2015, both ahead of market expectations.
The Group intends to announce its full year preliminary results for the year ended 31st March 2015 on Tuesday 9th June 2015.
CML Microsystems Plc www.cmlmicroplc.com
Chris Gurry, Group Managing Director Tel: +44(0)1621 875 500
Neil Pritchard, Group Financial Director
Cenkos Securities plc Tel: +44(0)207 397 8900
Jeremy Warner Allen (Sales)
Max Hartley (Corporate Finance)
SP Angel Corporate Finance LLP Tel: +44(0)203 463 2260
Jeff Keating
Walbrook PR Ltd Tel: +44(0)203 7933 8780 / cml@walbrookpr.com
Paul McManus
Helen Cresswell