Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNCON.L Regulatory News (NCON)

  • There is currently no data for NCON

Trading Update

15 Feb 2012 07:00

RNS Number : 4328X
Norcon PLC
15 February 2012
 



 

15 February 2012

 

NORCON PLC

 

("Norcon" or "the Company")

 

TRADING UPDATE

 

 

Norcon Plc ("Norcon" or "the Company"), the global communications network specialist provides the following update concerning its financial year ended 31 December 2011.

 

In the Company's trading announcement issued on 22 December 2011, Norcon stated that it expected results for the full year ended 31 December 2011 to be broadly in-line with market expectations.

 

Following the period-end, the Company continues to expect that it will report revenue and gross profit that are broadly in-line with market expectations. However, since the previous announcement, certain events have impacted performance to the extent that profit before tax and net income for the year will now be lower than market expectations.

 

The Company's profit before tax has been impacted by higher than anticipated foreign exchange, financial, recruitment, and relocation costs. Net Income has been impacted by a higher than anticipated tax charge in Saudi Arabia.

 

Net cash at 31 December 2011 stood at US$7.1m (31 December 2010: US$6.1m).

 

As previously stated, the final dividend for financial year 2011 will be declared upon the publication of the final results, scheduled for 13 April 2012.

 

 

For further information, please contact:

 

Norcon plc

Arnold Rørholt, Chief Executive Officer

+47 90 11 66 90

Marne Martin, Chief Financial Officer

+44 (0) 78 13 92 09 74

FTI Consulting

James Melville-Ross, Matt Dixon, or Tracey Bowditch

+44 (0) 20 7831 3113

finnCap

Sarah Wharry, Charlotte Stranner, or Rose Herbert

+44 (0) 20 7600 1660

 

 

ABOUT NORCON:

 

Established in 1957, Norcon (LSE/AIM: NCON) has been a trusted consultant and project manager for more than half a century to governments and some of the world's largest global firms. These organisations rely on Norcon to select, implement and maintain a communication infrastructure that not only matches, but also supports the critical needs of their operations. Norcon's strength lies in its understanding of complex communication networks and their design. www.norconplc.com

 

Ends

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTLLFETFRISLIF
Date   Source Headline
6th Jul 20167:00 amRNSHolding(s) in Company
5th Jul 20167:00 amRNSHolding(s) in Company
4th Jul 20167:00 amRNSHolding(s) in Company
1st Jul 20167:00 amRNSHolding(s) in Company
30th Jun 20167:00 amRNSHolding(s) in Company
29th Jun 201612:37 pmRNSResult of AGM / EGM & Cancellation from AIM
29th Jun 20167:00 amRNSHolding(s) in Company
24th Jun 20169:06 amRNSHolding(s) in Company
23rd Jun 20169:05 amRNSHolding(s) in Company
22nd Jun 20167:00 amRNSHolding(s) in Company
21st Jun 20167:00 amRNSHolding(s) in Company
20th Jun 20167:00 amRNSHolding(s) in Company
17th Jun 20167:00 amRNSHolding(s) in Company
16th Jun 20163:50 pmRNSHolding(s) in Company
16th Jun 20167:00 amRNSHolding in Company and Director Dealing
15th Jun 20167:00 amRNSHolding(s) in Company
14th Jun 20167:00 amRNSHolding(s) in Company
10th Jun 20167:00 amRNSHolding(s) in Company
9th Jun 20167:00 amRNSHolding(s) in Company
8th Jun 20167:00 amRNSHolding(s) in Company
7th Jun 20167:00 amRNSHolding(s) in Company
3rd Jun 20169:21 amRNSHolding(s) in Company
2nd Jun 201612:14 pmRNSHolding(s) in Company
31st May 20167:00 amRNSProposed Cancellation of Admission & Notice of AGM
19th Apr 201612:00 pmRNSFinal Results
18th Feb 20167:00 amRNSDirector Dealing and Holdings in Company
17th Feb 20167:00 amRNSTrading Update
15th Sep 20153:04 pmRNSHalf Yearly Report
24th Jun 20157:49 amRNSResult of AGM
1st Jun 20158:26 amRNSAnnual accounts and notice of AGM
22nd Apr 20159:12 amRNSFinal Results
17th Mar 20157:55 amRNSMiscellaneous information
5th Dec 20143:30 pmRNSHolding(s) in Company
26th Nov 20147:00 amRNSTrading Statement
17th Sep 20147:00 amRNSInterim Results
2nd Jul 20148:49 amRNSResult of AGM
26th Jun 201411:50 amRNSDirector/PDMR Shareholding and Issue of Shares
6th Jun 20143:20 pmRNSAnnual accounts and notice of AGM
5th Jun 20147:00 amRNSRelease of tax deposits
30th Apr 20148:00 amRNSFinal Results
26th Mar 20149:00 amRNSHolding(s) in Company
21st Oct 20139:12 amRNSDirector/PDMR Shareholding
19th Sep 20139:50 amRNSDirector/PDMR Dealing and Holdings in Company
18th Sep 20137:00 amRNSInterim Results
19th Jul 20137:00 amRNSNew project with Thai mobile operator
5th Jun 20133:11 pmRNSAnnual Report and Notice of AGM
26th Apr 20131:53 pmRNSDirector/PDMR Shareholding
25th Apr 20137:00 amRNSDirector/PDMR Shareholding
23rd Apr 201311:30 amRNSFinal Results
17th Apr 20133:57 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.