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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Belgravium Tech | LSE:BVM | London | Ordinary Share | GB0002961224 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.875 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8415D Belgravium Technologies PLC 18 May 2001 Chairman's statement to shareholders of Belgravium Technologies Plc Annual General Meeting, 18 May 2001 Speaking at the group's Annual General Meeting today, John Kembery, Chairman of Belgravium Technologies Plc said: "The New Board of Belgravium Technologies is pleased that shareholders approved the plans for the recent demerger of Eadie Industries from the company, leaving Belgravium exceptionally well positioned to grow and to utilise its own resources to expand. The company is now completely separated from all residual liabilities and has no borrowings. It is investing strongly in new product and market developments and will grow organically as well as through suitable acquisitions." "I am also pleased to announce that in the quarter ended March 2001, Belgravium has performed strongly, and this level of trading continues to be sustained. As a result, the Board remains confident of being able to deliver a favourable set of interim results when reported in August. As a measure of our confidence, as shareholders may be aware, Directors made substantial purchases of shares immediately after the announcement of the demerger. " Enquires: John Kembery, Chairman, Belgravium Technologies Tel: 01274 718 800 Alex Walters, Walters Associates Tel: 0207 440 5658 Notes to editors: Belgravium Technologies, demerged from Eadie Industries on 30 March 2001, specialises in the manufacture and integration of real time communication systems to provide data capture solutions to the logistics, manufacturing and services sectors. It is one of the leading providers of data capture systems to the distribution market in the UK. The increasing use of data capture systems within the distribution market continues to provide opportunity for future growth. Belgravium's products are based on wireless data communication, taking the form of robust mobile computer terminals Belgravium is well placed to expand into Europe and to capitalize on the expected increase in demand for mobile communications solutions arising from the predicted growth in e-commerce activity. In the year to 31 December 2000, Belgravium had turnover of #3.6 million (1999: #3.0 million) and profit before interest and taxation of #0.8 million (1999: #0.5 million)
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