E2V.L Regulatory News (E2V)

16 October 2014

e2v technologies plc

Period end update

e2v technologies plc, the specialist provider of technology solutions for high performance systems, today provides a period end update covering the results for the six months ended 30 September 2014.

The board expects to report modest revenue growth, after absorbing the effect of adverse FX movements since the start of the period, in line with our expectations and to report a good interim profit before tax and specific items.

We continue to be cautious over the broader economic environment, including further adverse movements in exchange rates. Assuming no further deterioration in our market conditions, our current expectations for the Group's full year trading performance remain unchanged.

The Group's financial position remains robust, with the Group having net bank borrowings at 30 September of c.£9m (30 September 2013: net bank borrowings £11m). This is after the initial cash outflow of £16m from the acquisition of AnaFocus in September 2014.

The Group will announce its interim results for the six months ended 30 September 2014 and our plans for the evolution of the business on Monday 10 November 2014.

Further enquiries:

Notes to editors

1. Net bank borrowings exclude capitalised borrowing costs, finance leases and other non-bank debt acquired with Anafocus.

2. All financial information included in this release is sourced from unaudited management accounts and excludes any exceptional items.

3. 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.