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Trading Statement

15 Apr 2014 07:00

RNS Number : 8073E
e2v technologies PLC
15 April 2014
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e2v technologies plc

Year end update

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e2v technologies plc, the specialist provider of technology solutions for high performance systems, today provides a brief year end update on the results for the financial year ended 31 March 2014, which are scheduled to be announced on 19 May 2014.

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The board expects to report profits in line with our expectations and a return to revenue growth.

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The Group's financial position remains robust, with the Group having net cash at 31 March of c.Β£1m (31 March 2013: net borrowings Β£10m).

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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

Charles Goodwin

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Notes to editors

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1. Net borrowings exclude capitalised borrowing costs.

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

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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.

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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