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19 Jan 2015 07:00
Densitron Technologies plc
Trading update
Densitron Technologies plc, a provider of electronic displays and related electronics and software is pleased to provide an update on trading for the year to 31 December 2014.
The last 12 months has been a period of significant growth particularly in orders received which have grown by approximately 17% and in the Group's orderbook (the level of customer orders received but not yet delivered) which has grown by approximately 30%. In 2014 the Group returned to profitability at all levels with the operating profit being substantially higher than that achieved during 2013, albeit marginally behind market expectations.
Given the increase in the orderbook and the pipeline of new business the Directors are confident that during 2015 the business will be able to continue to build on the growth achieved during 2014.
Jan Holmstrom, Chairman commented "2014 was a difficult year to predict with several new products and services in their final development phases. I am pleased that the business has been able to convert some of these opportunities for delivery during 2014 and that the orderbook has considerably strengthened giving increased confidence for 2015".
Enquiries:
Densitron Grahame Falconer / Tim Pearson Tel: 0207 648 4200
| Westhouse Securities Martin Davison Tel: 020 7601 6100 |
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