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Trading Statement

23 May 2013 07:00

RNS Number : 3790F
SCISYS PLC
23 May 2013
 



23 May 2013

SCISYS PLC

TRADING STATEMENT

 

SCISYS PLC, AIM stock code: SSY, ('SCISYS' or the 'Company') - the supplier of bespoke software systems, IT based solutions and support services to the Media Broadcast, Space, Government & Defence, and Environment sectors is pleased to release the following trading statement ahead of its AGM to be held at 12.00 noon today.

 

SCISYS opened the year with a solid order book, which has further improved in the opening months of 2013. The Directors believe that the Company is on track to meet full year guidance, with trading expected to follow the pattern of previous years in which the second half of the year has typically delivered a stronger performance than the first.

 

The Company has a strong balance sheet and continues to be cash generative from operations. As such, SCISYS remains well placed to consider further acquisition opportunities and, subject to continued satisfactory trading, intends to maintain a progressive dividend policy.

 

For further information please contact:

SCISYS PLC

+44 (0)1249 466 466

Mike Love

Chairman

David Jones

Chief Executive Officer

Chris Cheetham

Finance Director

finnCap (NOMAD & Broker)

+44 (0)20 7220 0500

Stuart Andrews / Henrik Persson

Corporate Finance

Simon Starr

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 440 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 & Defence, and Environment. SCISYS clients are predominantly blue chip and public sector organizations. Customers include Environment Agency, the Ministry of Defence, Astrium, Arqiva, the European Space Agency, Eumetsat, the BBC, RNLI, National Trust and Transport for London. The Company has UK offices in Chippenham, Bristol and Reading and three offices located in Germany. More information is available at www.scisys.co.uk

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