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16 Jul 2014 07:00
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16 July 2014
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e2v technologies plc
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Interim Management Statement
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e2v technologies plc, the specialist provider of technology solutions for high performance systems, today provides an Interim Management Statement coveringΒ the periodΒ from 1 April 2014 to the current date.
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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.
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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.
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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.
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The financial position of the Group remains strong.
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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.
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Further enquiries:
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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 Β | |
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Notes to editors
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1. All financial information included in this release is sourced from unaudited management accounts and excludes any specific items.
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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.
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