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AGM Statement

30 Apr 2014 07:00

RNS Number : 8274F
Synectics PLC
30 April 2014
 

 

For immediate release

30 April 2014

 

 

 

Synectics plc

("the Company" or "the Group")

 

AGM Statement

 

 

Synectics plc (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, makes the following announcement:

 

At the Annual General Meeting of Synectics plc, to be held at 11.00am today, the Chairman, David Coghlan, will make the following statement:

 

"In our recently issued Annual Report I said that Synectics' board expected another good performance in our 2014 financial year, with results likely to be at a similar level to 2013. I added that the pattern of our order pipeline suggested that trading would be significantly skewed towards the second half.

 

"Trading in the financial year so far has been in line with those comments, and there has been no material change in our expectations.

 

"Prospects for further major surveillance system projects in the Far East, building on Synectics' landmark success in the region in 2013, have firmed up. We expect some of these new projects to mature into substantial orders over the next six months or so, laying the ground for renewed growth in 2015."

 

 

For further information, please contact:

Synectics plc

Tel: +44 (0) 1527 850080

Alison Dowling

Email: legalandsecretarial@synecticsplc.com

www.synecticsplc.com

Westhouse Securities Limited

Tel: +44 (0) 207 601 6100

Tom Griffiths

Media enquiries:

Buchanan

Tel: +44 (0) 207 466 5000

Mark Court / Fiona Henson / Sophie Cowles

email: markc@buchanan.uk.com / fionah@buchanan.uk.com / sophiec@buchanan.uk.com

 

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