Pebble Beach Regulatory News (PEB)

17 Jan 2007 07:00

Vislink PLC17 January 2007 Vislink plc 2006 year end trading update Wednesday 17th January 2007 The Group has had another record year with profits in line with expectations forthe year ended 31 December 2006. Sales increased by 17.5% to £100 million compared with £85.1million for 2005.Orders received were ahead of last year at £97 million (2005 - £95.5 million)and the order book remains strong at £34 million. The Group expects its adjusted operating profit for the year, being operatingprofit before the amortisation of acquired intangibles, to be not less than£13.5 million, compared with £8.35 million for 2005. The domestic market has been particularly strong for MRC, our US business, as aresult of the significant volume of business derived from the 2GHzre-channelisation programme. Our UK business continues to benefit from salesinto the US through MRC and the increasing demand for Link Research's new HighDefinition products as well as the good recovery in sales and profitability ofAdvent, the satellite communications business. Hernis, the Norwegian specialist marine safety and security business, has hadanother record year for sales and orders, winning significant orders from bothmarine and offshore oil and gas projects. In summary, trading has been strong across the Group, with record sales andprofits from each of the US, UK and Norwegian businesses. The Board looksforward to 2007 with enthusiasm and confidence. - ENDS- Vislink plc is a leading supplier of microwave radio and satellite transmissionproducts for the broadcast and security markets and of CCTV systems for themarine security market. The Group's website is www.vislink.com The Group expects to announce its 2006 Preliminary results on 28th March 2007. For further information on Wednesday 17th January 2007, please contact: Ian Scott-Gall 01488 685500Chief Executive, Vislink plc James Trumper 01488 685500Group Finance Director, Vislink plc This information is provided by RNS The company news service from the London Stock Exchange