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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Quadnetics Grp | LSE:QDG | London | Ordinary Share | GB0007156838 | ORD 20P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 290.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMQDG
Quadnetics Group plc
Trading Update
Quadnetics Group plc ("Quadnetics"), a leader in the development,
design, integration and control of advanced CCTV and networked video
systems, is pleased to provide an update on trading following the end
of its financial year on 31 May 2009.
As anticipated in the detailed statement on 4 February 2009, trading
in the second half year was substantially stronger than the first
half.
The Company's view is that underlying results* for the full year will
be in line with current market expectations. Year end cash balances
were ahead of expectations. Exceptional costs associated with the
Group reorganisation initiated by the new Group Chief Executive to
consolidate businesses and operations, details of which were
announced on 16 June 2009, are anticipated to be approximately GBP1.3
million.
The Company expects to release its preliminary results on or around 9
September 2009.
*That is, profit before tax, exceptional costs and share-based
payment costs
For further information, please contact:
Quadnetics Group plc Tel: +44 (0) 1527 850080
John Shepherd, Chief Executive
Email: john.shepherd@quadnetics.com
Brewin Dolphin Investment Banking Tel: +44
(0) 845 213 4726
Neil Baldwin
Buchanan Communications Limited Tel: +44 (0) 207 466 5000
Isabel Podda / Tim Anderson / Ben Romney
Email: isabelp@buchanan.uk.com
=--END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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