Stadium Group PLC Technology Day Trading Update (2853D)

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RNS Number : 2853D

Stadium Group PLC

26 April 2017

Stadium Group plc

(the "Company")

Technology Day Trading Update

Stadium Group plc (AIM: SDM), a leading supplier of connectivity solutions, power supplies, human machine interface products and electronic assemblies, announces the following trading update ahead of the Technology Day for institutional and other investors being held today in London.

The first quarter of the year has traded in-line with management expectations, and during this period the Company's order book has continued to grow and now exceeds GBP28m, up from GBP25.8m at the year end.

The Board remains confident that the Company's offering of complementary electronic technologies and specialist design-focused engineering expertise continues to be attractive to customers and that the growing demand already seen in the first quarter is expected to continue, further underpinning 2017 expectations.

Today's investor events are being held at the London Capital Club, 15 Abchurch Lane, London, EC4N 7BW. Investors are still able to register for the event at 2.00 p.m. by emailing [e-mail] or by telephoning Walbrook PR on the number below.

Presentations will be given by CEO, Charlie Peppiatt, and other key members of the senior management team covering the Company's Technology Products divisions (Human Machine Interface, Connectivity & Power), the successful execution of its Regional Design Centre strategy and the opportunity presented by the growing Single Board Computing market.

The presentation slides and recorded audio will be available on the Company website (www.stadiumgroupplc.com/investors) shortly after the event.

No new material or trading information will be provided during the presentations.

For further information please contact:

 
Walbrook PR      Tel: [phone] or [e-mail] 
Paul McManus                               Mob: [phone] 
Helen Cresswell                            Mob: [phone] 
 
N+1 Singer                                 Tel: [phone] 
Richard Lindley 
 

Nick Owen

About Stadium Group plc (www.stadiumgroupplc.com)

Stadium Group plc is a leading supplier of wireless solutions, power supplies, interface displays and electronic assemblies with design and manufacturing operations in Europe and Asia. The Company consists of two divisions:

   1.    Technology Products (60% of 2016 revenues) 

-- Connectivity Solutions - design, integration and manufacture of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT") wireless solutions

-- Power Supplies (including Stontronics) - custom and standard power product solutions from 1W to 10kW

   --     Human Machine Interface - intelligent "HMI" integrated solutions 
   2.    Electronic Assembly (40% of 2016 revenues) - previously Electronic Manufacturing Services 
   --     Electronic manufacturing services to global original equipment manufacturers 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 26, 2017 02:00 ET (06:00 GMT)