Trading Update

RNS Number : 5401M

CML Microsystems PLC

07 May 2015

 

CML Microsystems Plc

Trading Update

CML Microsystems Plc, ("the Group"), which designs, manufactures and markets a broad range of semiconductors, primarily for global communication and data storage markets, is pleased to provide the following update in respect of its trading for the year ended 31 March 2015.

Following on from the Interim Management Statement update of 11 March 2015, unaudited figures indicate that Group revenues for the year will be slightly ahead of consensus market guidance at around £21.8 million. Profit before tax is expected to be approximately £3.1 million and cash generation continues to be healthy resulting in net cash of close to £13 million at 31^st March 2015, both ahead of market expectations.

The Group intends to announce its full year preliminary results for the year ended 31^st March 2015 on Tuesday 9^th June 2015.

CML Microsystems Plc                                                   www.cmlmicroplc.com

Chris Gurry, Group Managing Director                        Tel: [phone]

Neil Pritchard, Group Financial Director

Cenkos Securities plc                                                      Tel: [phone]

Jeremy Warner Allen (Sales)                                     

Max Hartley (Corporate Finance)

SP Angel Corporate Finance LLP                                  Tel: [phone]

Jeff Keating

Walbrook PR Ltd                                                             Tel: [phone] / [e-mail]

Paul McManus                                                                 

Helen Cresswell                                                                              

 

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