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15 Apr 2014 07:00
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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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