24 Jul 2014 07:00
SCISYS PLC
(SSY: AIM)
Trading update
SCISYS PLC ('SCISYS' or the 'Company'; AIM: SSY) - the supplier of bespoke software systems, IT based solutions and support services to the Media Broadcast, Space, Government and Defence sectors - is today providing a trading update for the six month period ending 30 June 2014 prior to entering its close period.
As anticipated in the Company's AGM statement at the end of May, the first half of 2014 has finished positively and the Directors are confident that results for the first half of the year will be in line with management expectations. Sales for the first half are expected to be in line with the previous year and entering the second half, SCISYS has a robust order book. The Company is pleased that margin growth and operational efficiencies continue to be delivered.
The Company looks forward to providing further details with its interim results on 24 September 2014.
For further information please contact:
SCISYS PLC | +44 (0)1249 466 466 | |
Mike Love | Chairman | |
Klaus Heidrich | Chief Executive Officer | |
Chris Cheetham | Finance Director | |
finnCap (NOMAD & Broker) | +44 (0)20 7220 0500 | |
Julian Blunt / Henrik Persson | Corporate Finance | |
Alexandra Clement | Corporate Broking | |
Winningtons Financial PR Tom Cooper/Paul Vann | +44 (0)20 3176 4722 +44 (0)797 122 1972 tom.cooper@winningtons.co.uk |
About SCISYS:
Employing nearly 400 staff, SCISYS is a leading developer of Information and Communications Technology services, e-Business and advanced technology solutions. The Company operates in a broad spectrum of market sectors including Media & Broadcast, Space, Government and Defence sectors. SCISYS clients are predominantly blue chip and public sector organizations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI and the National Trust. The Company has UK offices in Chippenham, Bristol and Reading and two offices located in Germany. More information is available at www.scisys.co.uk