Trading Update and Notice of Capital Markets Day

RNS Number : 0469M

Amino Technologies PLC

10 October 2016

 

10 October 2016

AMINO TECHNOLOGIES PLC

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

Trading Update

Capital Markets Day - Monday 31 October 2016

Amino Technologies plc (LSE: AMO), the Cambridge-based provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, provides an update on current trading for the ten months to the end of September 2016.

The Board is pleased to announce that the Group is trading ahead of expectations driven by record orders in August coupled with currently favourable foreign exchange effects. In addition, the strength of the current order book gives management confidence in continued growth for the year ahead.

The Board expects revenue for the full year ending 30 November 2016 to be slightly ahead of current market expectations; and full year adjusted EBITDA and adjusted profit before tax to be ahead of current market expectations. 

A Capital Markets Day for analysts and institutional investors is to be held in London in the afternoon on Monday 31 October 2016.   Presentations will be made by Amino management and will be made available on the Company's website.   

If you would like to attend please contact [e-mail]

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

For further information please contact:

Amino Technologies PLC	[phone]
Donald McGarva, Chief Executive Officer
Mark Carlisle, Chief Financial Officer
finnCap Ltd (NOMAD and Joint Broker)	[phone]
Matt Goode / Carl Holmes /Simon Hicks (Corporate Finance) Simon Johnson / Tim Redfern  (Corporate Broking)
Canaccord Genuity Limited (Joint Broker and Financial Adviser)	[phone]
Simon Bridges / James Craven / Emma Gabriel
FTI Consulting LLP (Financial PR)	[phone]
Chris Lane / Alex Le May / Darius Alexander

About Amino Technologies plc

Amino Technologies plc specialises in the development and delivery of IPTV/OTT solutions. With over seven million devices sold to 1,000 customers in 100 countries, Amino's award-winning solutions are deployed by major network operators and service providers worldwide. Amino Technologies plc is headquartered near Cambridge, in the UK, and is listed on the AIM market of the London Stock Exchange (AIM: symbol AMO). www.aminocom.com

 

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