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SPSY Spectra Systems Corporation

221.00
-2.00 (-0.90%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Spectra Systems Corporation LSE:SPSY London Ordinary Share COM SHS USD0.01 (UNRES)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.90% 221.00 216.00 226.00 223.00 221.00 223.00 21,980 12:21:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Programming Service 19.63M 6.15M 0.1364 19.06 117.15M

Spectra Systems Corporation Trading Update (0628T)

18/03/2019 7:00am

UK Regulatory


Spectra Systems (LSE:SPSY)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMSPSY TIDMSPSC

RNS Number : 0628T

Spectra Systems Corporation

18 March 2019

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Spectra Systems Corporation

("Spectra")

Trading Update

Spectra Systems Corporation, a leader in machine-readable high-speed banknote authentication, brand protection technologies, and gaming security software, today announces that it expects its profits for the year ending 31 December 2019 to exceed market expectations. The increased profits are related to a G7 central bank research contract which will commence in Q2 of this year and is expected to extend throughout 2020.

Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are very pleased that we are able to provide a positive trading update for 2019 which is reflective of an increasing product mix which allows for sustained strong profitability."

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700

WH Ireland Limited

   Chris Fielding (Managing Director, Corporate Finance)                     Tel: +44 (0) 20 7220 1650 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

March 18, 2019 03:00 ET (07:00 GMT)

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