Densitron Technologies PLC Trading Statement (4392C)
January 19 2015 - 1:00AM
UK Regulatory
TIDMDSN
RNS Number : 4392C
Densitron Technologies PLC
19 January 2015
Densitron Technologies plc
Trading update
Densitron Technologies plc, a provider of electronic displays
and related electronics and software is pleased to provide an
update on trading for the year to 31 December 2014.
The last 12 months has been a period of significant growth
particularly in orders received which have grown by approximately
17% and in the Group's orderbook (the level of customer orders
received but not yet delivered) which has grown by approximately
30%. In 2014 the Group returned to profitability at all levels with
the operating profit being substantially higher than that achieved
during 2013, albeit marginally behind market expectations.
Given the increase in the orderbook and the pipeline of new
business the Directors are confident that during 2015 the business
will be able to continue to build on the growth achieved during
2014.
Jan Holmstrom, Chairman commented "2014 was a difficult year to
predict with several new products and services in their final
development phases. I am pleased that the business has been able to
convert some of these opportunities for delivery during 2014 and
that the orderbook has considerably strengthened giving increased
confidence for 2015".
Enquiries:
Densitron Westhouse Securities
Grahame Falconer / Tim Pearson Martin Davison
Tel: 0207 648 4200 Tel: 020 7601 6100
This information is provided by RNS
The company news service from the London Stock Exchange
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