4 June 2024
Synectics plc
("Synectics", the
"Company" or the "Group")
Trading Update
Synectics plc (AIM: SNX), a leader in advanced
security and surveillance systems, provides an update on trading
for the six months ended 31 May 2024 ("H1 2024").
Following continued momentum in H1 2024, the
Company announces that trading for the year ending 30 November 2024
("FY 2024") remains
comfortably in line with market expectations, and that the Group's
cash position remains strong.
Following the early delivery of a number of
projects by the Group's Systems division in H1 2024, the Board
expects a more evenly weighted financial performance in FY 2024
rather than being weighted to the second half of the year as
previously expected and as in prior years.
Synectics expects to announce its unaudited
interim results for H1 2024 on Tuesday 9 July 2024.
For further
information, please contact:
|
Synectics
plc
Paul Webb, Chief Executive Officer
Amanda Larnder, Chief Financial
Officer
info@synecticsplc.com
|
Tel: +44 (0) 114 280 2828
|
|
Shore
Capital
Tom Griffiths / David Coaten / Rachel
Goldstein
|
Tel: +44 (0) 20 7408 4090
|
|
Vigo
Consulting
Jeremy Garcia / Fiona Hetherington / Aisling
Fitzgerald
synectics@vigoconsulting.com
|
Tel: +44 (0) 20 7390 0230
|
About
Synectics plc
Synectics plc (AIM: SNX) is a leader in
advanced security and surveillance systems that help protect
people, property, communities, and assets around the
world.
The Company's expertise is in providing
solutions for specific markets where security and surveillance are
critical to operations. These include gaming, oil and gas, public
space, transportation, and critical infrastructure.
Synectics has deep industry experience in these
markets and works closely with customers to deliver solutions that
are tailored to meet their needs. Technical excellence, combined
with decades of experience and long-standing customer
relationships, provides fundamental differentiation from mainstream
suppliers and makes the Company a stand out in its
field.
Find out more at
www.synecticsplc.com