AGM Trading Update

RNS Number : 0251B

Zytronic PLC

10 February 2011

 



For immediate release

10 February 2011

ZYTRONIC PLC

("Zytronic" or the "Company")

AGM TRADING UPDATE

At the AGM, to be held at 2.00pm today, the Chairman, David Banks, will make the following comments on current trading:

"Zytronic continues to benefit from its strong export bias and diversified end-user markets.  Revenue and profitability for the year to date are ahead of the same period last year, driven by growth in touch sensor sales, including the expected growth from specific customer projects in self-service & vending and home automation.

The Company is also able to identify the Customer and Product in the "white goods" sector to which we have referred in recent Chairman's Statements. The Customer is BSH Bosch und Siemens Hausgeräte GmbH, the largest manufacturer of home appliances in Western Europe and one of the leading companies in the sector worldwide. The product is BSH's new Gaggenau CX480 range of induction hobs which uses a Zytronic 6.5" ZYBRID™-X touch sensor, integrated behind the hob's ceramic glass surface, to control all aspects of the hob's use. BSH launched this new range of Gaggenau hobs in January 2011 at the "Living Kitchen" exhibition in Cologne."

Enquiries:

Zytronic plc	0191 414 5511
Mark Cambridge, Chief Executive
Denis Mullan, Finance Director
Buchanan Communications Ltd	020 7466 5000
Richard Darby, Isabel Podda
Brewin Dolphin Ltd
Neil Baldwin, Neil McDonald	0845 270 8610

Notes to Editors

Zytronic is the developer and manufacturer of a unique range of internationally award winning touch sensor products. These products employ an embedded sensing element and are based on projected capacitive technology ("PCT™"). PCT offers significant durability, environmental stability and optical enhancement benefits to system designers of integrated electronic displays, beyond that which was previously attainable.

Zytronic is also an industry leader in the development and manufacture of customised optical filters to enhance electronic display performance and an innovator in the production of specialised and transparent laminates for niche markets.

Operating from three modern factories near Newcastle-upon-Tyne in the United Kingdom, Zytronic assembles touch sensors, optical filters and other laminates, using special glass and plastic materials, in environmentally controlled clean rooms.

 

END

 

 

AGMTMMTTMBBBBBB