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Trading Update

12 Jan 2015 07:00

RNS Number : 8449B
Petards Group PLC
12 January 2015
 

12 January 2015

 

 

PETARDS GROUP PLC ("Petards" or the "Group")

Trading Update

 

 

Petards, the AIM quoted developer of advanced security and surveillance systems, is pleased to provide an update on trading following the end of its financial year on 31 December 2014.

The Group's profit before tax for the year ended 31 December 2014 is expected to be in line with market expectations, on slightly lower than anticipated revenues.

 

Raschid Abdullah, Chairman of Petards Group plc said: "It was pleasing to close the year having secured significant contracts from both Bombardier and the MOD, that were announced on 22 December, adding to the Group's strong forward order book which remains in the region of £20 million."

 

 

Contacts:

 

 

Petards Group plc

www.petards.com

 

Raschid Abdullah, Chairman

Mb: 07768 905 004

 

Andy Wonnacott, Finance Director

Tel: 0191 420 3000

 

 

WH Ireland Limited, Nomad and Joint Broker

www.wh-ireland.co.uk

 

Mike Coe / Ed Allsopp

Tel: 0117 945 3470

 

 

Hybridan LLP, Joint Broker

www.hybridan.com

Claire Louise Noyce

 

Tel: 020 3713 4581

claire.noyce@hybridan.com

 

 

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