E2V.L Regulatory News (E2V)

12 Apr 2005 07:00

e2v technologies PLC12 April 2005 12 April 2005 e2v technologies plc 2005 Year End Trading Update e2v technologies ("e2v" or "the Company"), a specialist developer and manufacturer of high-technology electronic components and sub-systems, will announce its maiden results for the financial year ending 31 March 2005 on 23 June 2005. Today, the Company is providing a period end trading update consistent with best practice. The Company expects to announce sales growth of 7% at constant exchange rates and 3% at reported exchange rates when compared to last year. Operating profit is anticipated to be broadly in line with the directors' expectations. Consistent with the half year, the business has continued to see strong demand for Sensors, particularly within the Medical & Science sector. Sales of Electronic Tubes remained flat at reported exchange rates, with modest growth at constant exchange rates. Commenting on the statement, Keith Attwood, CEO said: "We continue to make good progress since the flotation in July of last year.As we look to the future, the continued impact of the weak US$ on marginsrequires rigorous attention to internal efficiencies. However, we have a solidorder book and excellent engagement with key customers for some importantprogrammes in the new financial year and the overall outlook remains positive." Enquiries: e2v technologies plc Tel: 01245 453437Keith Attwood/Mike Hannantwww.e2v.com Gavin Anderson & Company Tel: 0207 554 1400Laura Hickman/Charlotte Stone/Keith Brookbank This information is provided by RNS The company news service from the London Stock Exchange