16 Jul 2014 07:00
16 July 2014
e2v technologies plc
Interim Management Statement
e2v technologies plc, the specialist provider of technology solutions for high performance systems, today provides an Interim Management Statement covering the period from 1 April 2014 to the current date.
We are pleased to report that the Group performed in line with expectations in the first quarter, despite the effects of adverse foreign exchange movements.
Our order book reduced slightly in the quarter and we have some specific project orders to secure for our space and defence activities to support our anticipated growth.
Although we remain cautious about the broader economic environment, management's expectations for the Group's full year trading performance, after absorbing the effect of current foreign exchange rates, remain unchanged.
The financial position of the Group remains strong.
The next update on trading for the six months ending 30 September 2014 is expected on 16 October 2014 ahead of the interim results announcement, scheduled for release on 3 November 2014.
Further enquiries:
e2v technologies plc | Tel: +44 (0)1245 493 493 |
Steve Blair, Group CEO Charles Hindson, Group Finance Director | |
Website: www.e2v.com | |
Bell Pottinger | Tel: +44 (0)20 7861 2840 |
Elly Williamson
| |
Notes to editors
1. All financial information included in this release is sourced from unaudited management accounts and excludes any specific items.
2. Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.