Trading Update

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: [phone]
WH Ireland Limited, Nomad and Joint Broker	www.wh-ireland.co.uk
Mike Coe / Ed Allsopp	Tel:  [phone]
Hybridan LLP, Joint Broker	www.hybridan.com
Claire Louise Noyce	Tel:  [phone] [e-mail]

 

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