Trading Statement

 

TIDMSTEC 
 
RNS Number : 0326X 
Shieldtech PLC 
07 August 2009 
 

+------------------------------------+------------------------------------+ 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
 
 
 
 
 
 
 
 
Shieldtech plc ("Shieldtech" or "the Company") 
 
 
 
 
Trading Update 
 
 
Return to Operating Profit 
 
 
The Board of Shieldtech, the specialist provider of products and services to the 
Homeland Security market, today made the following trading statement following 
the end of the Company's financial year to 30 June 2009: 
 
 
"Trading in the year to 30 June 2009 has shown a significant improvement on the 
previous year as predicted in the circular dated 29 May 2009 in connection with 
the investment and re-financing of the Group which was concluded in June 2009. 
 
 
Sales are up 71% at GBP10.3m (2008: GBP6m). Operating profit* is expected to be 
approximately GBP0.4m (2008: loss of GBP0.8m**). 
 
 
The Group's order book at 30 June 2009 was GBP3.7 million (2008: GBP3.7 
million). 
 
 
The directors are confident of further growth during the year to June 2010." 
 
 
It is anticipated that that the final results for the year ended 30 June 2009 
will be announced on or around 18 September 2009. 
 
 
* before IFRS non cash charges for the amortisation of intangible assets 
** before IFRS non cash charges for the amortisation of intangible assets, share 
based payment charges and impairment of goodwill 
 
 
Contacts: 
 
 
+----------------+-----------+ 
| Shieldtech     | Tel: +44  | 
| plc            | (0) 7774  | 
| Tony           | 698327    | 
| O'Neill,       |           | 
| Chief          |           | 
| Executive      |           | 
| Officer        |           | 
| Robert         |           | 
| Denton,        |           | 
| Group          |           | 
| Finance        |           | 
| Director       |           | 
|                |           | 
+----------------+-----------+ 
| Seymour        | Tel: +44  | 
| Pierce         | (0) 20    | 
| Nicola         | 7107 8000 | 
| Marrin/Mark    |           | 
| Percy          |           | 
+----------------+-----------+ 
| Buchanan       | Tel: +44  | 
| Communications | (0) 20    | 
| Tim Anderson / | 7466 5000 | 
| Isabel Podda / |           | 
| Ben Romney     |           | 
|                |           | 
+----------------+-----------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TSTUNVSRKNRWRAR