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Spread: 1.10 (2.412%)
Market Cap: £50.93m
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AGM Statement

11 Feb 2011 15:30

RNS Number : 1047B
OMG PLC
11 February 2011
 



11 February 2011

 

 

 

OMG plc

 

Annual General Meeting Statement 

 

 

OMG plc, Oxford Metrics Group (LSE: OMG), ('OMG' or 'the Group'), the technology group providing image understanding products for the entertainment, defence, life science and engineering industries will hold its Annual General Meeting ("AGM") at 4pm today.

 

At the AGM Anthony Simonds-Gooding, Chairman of OMG, will make the following statement:

 

"The Board is pleased to announce that Group revenue in the first half of the current financial year has developed well, such that we currently expect revenue for the first half to be slightly ahead compared with the same period last year. Our first half profit performance will reflect increased investment in the next generation Revue camera, which we believe has significant potential across a range of markets. Nevertheless the Group's performance remains consistent with it achieving market expectations for the full year."

 

The Company will provide further information on trading when it announces its results for the six months ending 31 March 2011.

 

Contacts:

 

OMG plc

01865 261800

Nick Bolton, CEO

David Deacon, CFO

Financial Dynamics

020 7831 3113

Juliet Clarke / Matt Dixon / Emma Appleton

Evolution Securities (NOMAD)

020 7071 4300

Jeremy Ellis

 

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