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23 Jul 2010 07:00
SCISYS PLC
(SSY: AIM)
Trading update
SciSys plc (AIM: SSY), ('SciSys' or the 'Company') - the supplier of bespoke ICT software systems, IT based business solutions and support services to the Media Broadcast, Space, Government & Defence, Environment and Applications Support sectors, is today providing a trading update for the period ending 30 June 2010 prior to entering its closed period and ahead of announcing interim results on 23 September 2010.
Trading for the first half of 2010 has been in line with expectations and is expected to be consistent with current guidance for the 2010 full year. The Company continues to be cash generative.
SciSys has a solid order book but nevertheless remains cautious about the outlook for the second half of 2010 and for 2011 until the outcome of the UK Government's public expenditure review and the Strategic Defence and Security Review becomes clearer.
For further information please contact:
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SciSys plc |
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Mike Love |
Executive Chairman |
Tel : +44 (0) 1249 466 466 |
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Chris Cheetham |
Finance Director |
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Winningtons |
Tom Cooper |
Tel : +44 (0) 797 1221972 |
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Canaccord Genuity |
Simon Bridges |
Tel : +44 (0) 20 7050 6500
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