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Trading Statement

10 Jan 2019 07:00

RNS Number : 6805M

IndigoVision Group PLC

10 January 2019

IndigoVision Group plc

("IndigoVision", the "Company" or the "Group")

Period End Trading Update

The Board of IndigoVision is pleased to report that sales for the financial year ended 31 December 2018 were $45.9m, representing a 9% increase over 2017 sales of $42.1m (as restated for the adoption of IFRS 15). The positive trend on gross margins reported in the interim results was maintained throughout the year. In 2018, the Company expects to report a significant reduction in its operating loss.

Net cash in hand at 31 December 2018 was $2.0m and the Company is continuing its discussions with debt providers to replace the existing Royal Bank of Scotland overdraft facility which expires on 28 February 2019.

The Company's preliminary results for the year ended 31 December 2018 will be published on 7 March 2019.

Enquiries to:

IndigoVision Group plc	Pedro Simoes (CEO)	+44 (0) 131 475 7200
	Chris Lea (CFO)
N+1 Singer, Nominated Advisor	Sandy Fraser	+44 (0) 20 7496 3176
Charlotte Street Partners, Media Enquiries	Malcolm Robertson Martha Walsh	+44 (0) 7788 567680 +44 (0) 7876 245962

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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Date		Source	Headline
21st Feb 2007	2:59 pm	RNS	Holding(s) in Company
31st Jan 2007	9:51 am	RNS	Total Voting Rights
16th Jan 2007	5:13 pm	RNS	Director/PDMR Shareholding
21st Dec 2006	12:24 pm	RNS	Total Voting Rights
15th Dec 2006	10:42 am	RNS	Exercise of Options
24th Nov 2006	2:20 pm	RNS	Exercise of Share Options
2nd Nov 2006	10:30 am	RNS	AGM Statement
27th Oct 2006	4:56 pm	RNS	Exercise of Options
26th Oct 2006	3:58 pm	RNS	Director/PDMR Shareholding
18th Sep 2006	10:25 am	RNS	Exercise of Options
14th Sep 2006	7:00 am	RNS	Final Results
8th Sep 2006	4:44 pm	RNS	Exercise of Options
8th Aug 2006	4:28 pm	RNS	Holding(s) in Company
20th Jun 2006	11:05 am	RNS	Holding(s) in Company
16th Jun 2006	12:45 pm	RNS	Holding(s) in Company
15th Jun 2006	2:13 pm	RNS	Holding(s) in Company
19th May 2006	11:48 am	RNS	Holding(s) in Company
27th Apr 2006	12:59 pm	RNS	Holding(s) in Company
7th Mar 2006	7:02 am	RNS	Interim Results
13th Jan 2006	12:37 pm	RNS	Holding(s) in Company
21st Dec 2005	2:14 pm	RNS	Director/PDMR Shareholding
22nd Nov 2005	10:36 am	RNS	AGM Trading Update
8th Nov 2005	2:29 pm	RNS	Director/PDMR Shareholding
14th Oct 2005	12:38 pm	RNS	Director/PDMR Shareholding
14th Oct 2005	7:00 am	RNS	Final Results
5th Oct 2005	2:51 pm	RNS	Holding(s) in Company
29th Sep 2005	2:45 pm	RNS	Holding(s) in Company
15th Sep 2005	4:53 pm	RNS	Holding(s) in Company
16th Aug 2005	5:51 pm	RNS	Shareholder Notification
16th Aug 2005	11:20 am	RNS	Shareholder Notification
3rd Aug 2005	11:16 am	RNS	Holding(s) in Company
29th Jul 2005	12:00 pm	RNS	Holding(s) in Company
22nd Jun 2005	3:59 pm	RNS	Director Shareholding
20th Apr 2005	2:59 pm	RNS	Holding(s) in Company
31st Mar 2005	2:00 pm	RNS	Director Shareholding
22nd Mar 2005	7:00 am	RNS	Interim Results
7th Feb 2005	9:48 am	RNS	Holding(s) in Company
25th Jan 2005	2:41 pm	RNS	Holding(s) in Company
20th Jan 2005	10:06 am	RNS	AGM Trading Update

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