We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Quixant Plc | LSE:QXT | London | Ordinary Share | GB00B99PCP71 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 175.00 | 172.00 | 178.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMQXT
RNS Number : 3285F
Quixant PLC
27 July 2016
27 July 2016
Quixant plc
("Quixant" or the "Company")
Trading Update and Notice of Results
Quixant (AIM: QXT), a leading provider of innovative, highly engineered technology products principally to the global gaming industry, is pleased to announce an update on trading for the six month period ended 30 June 2016.
Trading in the first six months of the year has been strong with both divisions performing well and the Company remains on track to achieve market expectations for the full year. EBITDA for the six month period is expected to be not less than US$5.8m (1H 2015: US$2.96m), including a full six month period contribution from Densitron which was acquired in November 2015. Net debt at 30 June 2016 is expected to be US$3m (31 December 2015: US$7.9m).
The Company's interim results for the six months ended 30 June 2016 are expected to be announced on 14 September 2016.
Nick Jarmany, Chief Executive of Quixant, commented: "This has been another period of good progress for the Group. We are pleased with the continued growth of Quixant and the early performance of Densitron since it was acquired. While the Board is mindful of the wider economic environment, the vast majority of Group revenues are received in US dollars as well as it being the Group's reporting currency, and as a result, the recent UK Sterling turbulence is not directly relevant to the Group."
For further information please contact:
Hot Features
Premium
Quixant plc Tel: +44 (0)1223 892696
Nick Jarmany, Chief Executive
Jon Jayal, Chief Operating
Officer
Nominated Adviser and Broker: Tel: +44(0)20 7220
0500
finnCap
Matt Goode / Grant Bergman
(Corporate Finance)
Simon Johnson / Alice Lane
(Corporate Broking)
Financial PR:
Alma PR
John Coles Tel: +44 (0)7836 273660
Hilary Buchanan Tel: +44 (0)7515 805218
About Quixant
Quixant, founded in 2005, designs and manufactures highly optimised computing solutions and monitors principally to the global gaming industry. The Company is headquartered in Cambridge in the UK where the global sales function is based. North America sales and sales support is run from their subsidiary in Las Vegas. Quixant has its own manufacturing and engineering operation based in Taiwan and software engineering and customer support team based in Italy. All the specialised products software and manufacturing are produced in-house and Quixant owns all its own IP much of which is copyright protected.
In November 2015 Quixant acquired Densitron Technologies plc. Densitron has a strong heritage in the sale of electronic display solutions to global industrial markets. Through Densitron's experienced sales team, Quixant has a robust platform to build its business into wider industrial markets.
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTDMGZNFVFGVZZ
(END) Dow Jones Newswires
July 27, 2016 02:01 ET (06:01 GMT)
1 Year Quixant Chart |
1 Month Quixant Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
