Last checked at 17 Oct 2016 07:00
Zytronic PLC17 October 2016
Zytronic plc (the "Company")Trading Update
The Board is pleased to provide the following pre-close statement ahead of announcement of the Group's results for the year ended 30 September 2016, which is expected to take place in December 2016.
The second half of the year has shown a continuing trend to that reported in the first half, with touch product revenues increasing relative to both traditional products and year on year.
Reported profit before tax for the full year will reflect the impact of a c. £0.9m non-cash provision arising from the Group's foreign exchange policy; however, the Group's underlying profit (before this non-cash item) is expected to be significantly ahead of last year and at least in line with market expectations.
Further information will be provided in the full-year results announcement.
Contacts:
Zytronic plc
0191 414 5511
Claire Smith / Mark Cambridge
N+1 Singer (Nominated Adviser & Broker)
020 7496 3000
Aubrey Powell / Liz Yong
Notes to Editors
Zytronic is the developer and manufacturer of a unique range of internationally award-winning and patented touch sensor products, operating from three modern factories totaling 80,000ft2 near Newcastle-upon-Tyne in the United Kingdom.
Zytronic touch products employ an embedded sensing solution and are readily configurable to enable multi-user and multi-touch touch sensing in ultra-large form factor sizes from five inches to 85", making them an ideal solution for system designers' specific requirements, offering significant durability, environmental stability and optical enhancement benefits to touch interactivity for industrial, self-service and public access equipment.