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17 Jul 2012 07:00
Sepura plc
Interim Management Statement
Sepura PLC
17 July 2012
SEPURA PLC
INTERIM MANAGEMENT STATEMENT
Sepura plc ("the Company"), a leading global provider of TETRA digital communications solutions, will today host its Annual General Meeting in London and issues the following Interim Management Statement. This statement, required by the UK Listing Authority's Disclosure and Transparency Rules, refers to the Company's trading results for the period from 31 March 2012 to 16 July 2012.
Trading Update
The Board confirms that trading for the first quarter of the financial year has been in line with expectations, and reiterates guidance given at the time of the recent preliminary results. Demand from the commercial sector continues to be resilient, as demonstrated by an order for 1,800 ATEX radios from a single customer in the oil and gas sector. The Company has a strong pipeline of further commercial opportunities, and has also secured orders for ATEX radios from the public safety market. In addition, the Company has received expected orders from both UK police customers and new users in Germany.
The integration of 3T Communications AG is progressing in accordance with the Company's plans. Market feedback on the combination of Sepura terminals and 3T infrastructure has been very encouraging, and the Company has secured its first combined contract, from a transport customer in the Far East, for over €1m.
The Company expects to report its Interim results for the six months ended 28 September on 22 November 2012.
For further information please contact:
Sepura plc Tel: 01223 876000
Gordon Watling, CEO
Steve Chamberlain, CFO
Powerscourt (Media Enquiries) Tel: 020 7250 1446
Paul Durman
Sophie Moate
Cautionary Statement:
This Interim Management Statement contains certain forward-looking statements with respect to the operations, performance and financial condition of Sepura. By their nature, future events and circumstances can cause results and developments to differ from those anticipated. Nothing in this Interim Management Statement should be construed as a profit forecast. No undertaking is given to update the forward-looking statements whether as a result of new information, future events or otherwise.
Notes to Editors:
About Sepura
Sepura is a global leader in the design, manufacture and supply of TETRA (TErrestrial Trunked RAdio) digital communications solutions, which are used predominantly by the emergency services around the world and in the transport, utilities and commercial sectors.
Sepura offers one of the broadest ranges of TETRA products available, is often first to market with innovative products and features, and is a market leader in the supply of surveillance and other specialist TETRA radios and accessories. Founded in the UK in 2002, Sepura has expanded rapidly across the world and on 16 May 2012 announced the acquisition of TETRA infrastructure supplier 3T Communications, enabling Sepura to offer a complete TETRA solution. Sepura has a network of regional partners that sell and provide local support for our market-leading products and is the market leader in over 30 countries.
With its headquarters in Cambridge, England and employing over 300 employees, Sepura was admitted to the Official List of the London Stock Exchange on 3 August 2007. For further information please visit www.sepura.com.
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