AGM Statement

RNS Number : 8274F

Synectics PLC

30 April 2014

 

For immediate release

30 April 2014

Synectics plc

("the Company" or "the Group")

AGM Statement

Synectics plc (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, makes the following announcement:

At the Annual General Meeting of Synectics plc, to be held at 11.00am today, the Chairman, David Coghlan, will make the following statement:

"In our recently issued Annual Report I said that Synectics' board expected another good performance in our 2014 financial year, with results likely to be at a similar level to 2013. I added that the pattern of our order pipeline suggested that trading would be significantly skewed towards the second half.

"Trading in the financial year so far has been in line with those comments, and there has been no material change in our expectations.

"Prospects for further major surveillance system projects in the Far East, building on Synectics' landmark success in the region in 2013, have firmed up. We expect some of these new projects to mature into substantial orders over the next six months or so, laying the ground for renewed growth in 2015."

For further information, please contact:

Synectics plc	Tel: [phone]
Alison Dowling Email: [e-mail]	www.synecticsplc.com
Westhouse Securities Limited	Tel: [phone]
Tom Griffiths

Media enquiries:

Buchanan	Tel: [phone]
Mark Court / Fiona Henson / Sophie Cowles
email: [e-mail] / [e-mail] / [e-mail]

 

END

 

 

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