Last checked at 5 Jun 2023 07:00
5th June 2022
Concurrent Technologies Plc
("Concurrent" or the "Company")
Confirmation of Results Date, Analyst Presentation
Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer systems for critical applications, will publish its full year results for the year ended 31 December 2022 on Wednesday 21st June 2023.
CEO Miles Adcock will host an analyst presentation via the Zoom platform at 09:30am BST on Wednesday 21 June 2023. Analysts wishing to register for the event should contact SEC Newgate at concurrent@secnewgate.co.uk.
CEO Miles Adcock comments: "Like many public companies, our audit timetable has been protracted compared to previous years. This is due to our Company auditor's request for additional time to complete its internal oversight and assurance processes before issuing its formal audit opinion. However, the audit process, which has been diligently led by our CFO in her first year, is now substantially complete. We look forward to updating the market shortly on our FY2022 results, as well as the positive progress we are making strategically.
Our trading performance in the current year is in line with current market expectations, and we see potential to improve further as supply recovers. With two consecutive years of record order intake, and strong order intake year-to-date, we expect that the improvements in global component availability will enable our business to transition into a period of growth in 2024 and beyond."
Enquiries:
Concurrent Technologies Plc
Miles Adcock, CEO +44 (0)1206 752626
SEC Newgate (Financial PR) concurrent@secnewgate.co.uk
Bob Huxford +44 (0)7469 154806
Alice Cho
Matthew Elliott
Cenkos Securities Plc (NOMAD)
Neil McDonald +44 (0)131 220 9771
Peter Lynch +44 (0)131 220 9772
Note to Editors:
About Concurrent Technologies Plc
Concurrent Technologies Plc develops and manufactures high-end embedded Plug In Cards and Systems for use in a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest generation embedded Intel® Core™ processors, Intel® Xeon® and Intel Atom™ processors. The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems. The products are sold world-wide.
For more information on Concurrent Technologies Plc and its products please visit www.gocct.com.
All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.