REG - Synectics PLC - Trading Update

SynecticsAnnouncement

04/06/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240604:nRSD9436Qa&default-theme=true

RNS Number : 9436Q  Synectics PLC  04 June 2024

4 June 2024

 

 

Synectics plc

("Synectics", the "Company" or the "Group")

 

Trading Update

 

Synectics plc (AIM: SNX), a leader in advanced security and surveillance
systems, provides an update on trading for the six months ended 31 May 2024
("H1 2024").

 

Following continued momentum in H1 2024, the Company announces that trading
for the year ending 30 November 2024 ("FY 2024") remains comfortably in line
with market expectations, and that the Group's cash position remains strong.

 

Following the early delivery of a number of projects by the Group's Systems
division in H1 2024, the Board expects a more evenly weighted financial
performance in FY 2024 rather than being weighted to the second half of the
year as previously expected and as in prior years.

 

Synectics expects to announce its unaudited interim results for H1 2024 on
Tuesday 9 July 2024.

 

 

 

 

For further information, please contact:

 

 Synectics plc                                             Tel: +44 (0) 114 280 2828

 Paul Webb, Chief Executive Officer

 Amanda Larnder, Chief Financial Officer

 info@synecticsplc.com

 Shore Capital                                             Tel: +44 (0) 20 7408 4090

 Tom Griffiths / David Coaten / Rachel Goldstein

 Vigo Consulting                                           Tel: +44 (0) 20 7390 0230

 Jeremy Garcia / Fiona Hetherington / Aisling Fitzgerald

 synectics@vigoconsulting.com

 

 

About Synectics plc

 

Synectics plc (AIM: SNX) is a leader in advanced security and surveillance
systems that help protect people, property, communities, and assets around the
world.

 

The Company's expertise is in providing solutions for specific markets where
security and surveillance are critical to operations. These include gaming,
oil and gas, public space, transportation, and critical infrastructure.

 

Synectics has deep industry experience in these markets and works closely with
customers to deliver solutions that are tailored to meet their needs.
Technical excellence, combined with decades of experience and long-standing
customer relationships, provides fundamental differentiation from mainstream
suppliers and makes the Company a stand out in its field.

 

Find out more at www.synecticsplc.com
(https://url.avanan.click/v2/___http:/www.synecticsplc.com___.YXAxZTpzaG9yZWNhcDphOm86MjVlNGYzNDE0ODA4ZmEyYTA3NWZkMDliMGFkZWNiMDU6Njo5NjM3OjYyMDQ4Y2FhOTE2MmMzMWMzYjFjN2I2YmZhYzJkZWI3MGU4MGViNDJiNGU4Y2RhNjI5YjdjMGZhMDE0ZWIwZDQ6cDpU)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTFZGGVRFGGDZM