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Interim Management Statement

30 Jul 2014 07:00

RNS Number : 6709N
Sepura PLC
30 July 2014
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SEPURA PLC

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

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Interim Management Statement

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Sepura, a leading global provider of critical communications systems, today issues the following Interim Management Statement covering the Group's trading results for the period from 29 March 2014 to 29 July 2014.

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Trading update

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The trends seen during the last financial year have continued with robust demand across established and emerging markets.

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Highlights in the quarter included additional contract wins for TETRA terminals in Germany enhancing the Company's leading position in this market, and the supply of TETRA solutions to all stadia at the FIFA World Cup in Brazil. The Group continues to invest in expanding its DMR portfolio and its routes to market, especially in the US, and is pleased to report that during the period it secured further contracts in both of these new markets.

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Outlook

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The Board reiterates the guidance it provided at the time of the Group's final results announcement on 10 June of 10% and 15% growth in revenues and adjusted earnings per share respectively for the current financial year.

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The Company expects to report its Interim results for the period ending 26 September 2014 on 18 November 2014.

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- Ends -

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Further information:

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Sepura

Gordon Watling, Chief Executive Officer

Steve Chamberlain, Chief Financial Officer

Peter Connor, Investor Relations

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+44 12 2387 6000

Bell Pottinger

Olly Scott

Charles Goodwin

+44 20 7861 3232

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Cautionary Statement:

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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.

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Notes to Editors:

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Sepura is a global leader in the design, manufacture and supply of digital radios, infrastructure and applications for Professional Mobile Radio ("PMR") users, providing specialist solutions for the public safety, transportation, oil and gas, mining, utilities, industrial and other commercial sectors.

Founded in the UK in 2002, Sepura has expanded rapidly across the world and is now a market leader in over 30 countries, with a network of regional partners that sell, and provide local support for, its market-leading products.

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Headquartered in Cambridge, England and with over 350 employees, Sepura was admitted to the Official List of the London Stock Exchange on 3 August 2007.

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www.sepura.com

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