Less Ads, More Data, More Tools Register for FREE

Trading Update

10 Oct 2014 13:25

RNS Number : 0210U
Holders Technology PLC
10 October 2014
 

Holders Technology plc

Trading Update

 

10 October 2014

 

Holders Technology plc ("Holders" or "Company") has been notified by a major PCB supplier that the distribution agreement between it and the Company will be terminated on terms to be agreed during the next financial year. In the 9 month period to 30 September 2014 this contract contributed approximately 10 per cent. of group revenue. The loss of the contract can be mitigated by alternative strategies and cost reduction measures, however the timing and value of these actions is uncertain and there may be a material impact on the performance of the company in the financial year ending 30 November 2015.

 

For further information, contact:

Holders Technology Plc

020 8236 1490

Rudi Weinreich, Executive Chairman

Victoria Blaisdell, Group Managing Director

Paul Geraghty, Group Finance Director

Northland Capital Partners Limited - Nomad & Broker

020 7382 1100

William Vandyk, Director, Corporate Finance

Website www.holderstechnology.com

 

 

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

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS