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RNS: Interim Results for the Six Months Ended 31 May 2019

Tuesday, 23 July 2019

Synectics plc (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, reports its unaudited interim results for the six months ended 31 May 2019.

Headlines

  • Revenue £33.6 million (2018: £34.7 million)
  • Profit before tax £1.2 million (2018: £1.5 million)
  • Diluted EPS 6.1p (2018: 5.9p)
  • Order book £28.2 million, like-for-like increase of 23% since the year end (£21.0 million)
  • Strong net cash position
  • Interim dividend raised to 1.3p per share (2018: 1.2p)
  • Stronger performance expected in second half

Commenting on the results, Paul Webb, Chief Executive, said:

“With full year results expected to be in line with market expectations, Synectics is in a strong position to capitalise on a number of exciting high profile projects and harness strategic growth opportunities aligned with the development of next-generation product capabilities.”

Download the full statement - Interim results for the six months ended 31st May 2019


For further information, please contact:

Synectics plc 
Paul Webb, Chief Executive
David Coghlan, Chairman
Tel: +44 (0) 1527 850 080
email: info@synecticsplc.com
www.synecticsplc.com

Shore Capital
Tom Griffiths / Henry Willcocks
Tel: +44 (0) 20 7408 4050

Media enquiries: 
Intelligent Conversation
Claire Evans
Tel: +44 (0) 161 694 3979
claire@weareic.com

 

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