AGM Statement

RNS Number : 9716B
Concurrent Technologies PLC
15 June 2021
 

15 June 2021

 

Concurrent Technologies Plc

(the 'Company')

Annual General Meeting Statement

At today's Annual General Meeting of Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications, Jane Annear, CEO, will make the following statement on behalf of the Board:

 "We are pleased to report that the Group's trading performance in 2021 has continued on from the positive results reported for 2020.  We expect our first half results to be in line with the Board's expectations.  The overall order book is strong and the Group's cash position remains healthy.

The Board continues to take a cautious approach to revenue expectations for the year as a whole. The well publicised shortage of components and materials that is affecting companies world-wide has added to the uncertainty initially caused by the COVID-19 outbreak and its potential effect on some programmes."

 

Enquiries:

 

Concurrent Technologies Plc
Jane Annear, Managing Director/CEO

 

+44 (0)1206 752626

 

 

Newgate (Financial PR)
Bob Huxford

Isabelle Smurfit

 

+44 (0)20 7653 9848
+44 (0)20 3757 3411

 

 

Cenkos Securities Plc (NOMAD)
Neil McDonald

Peter Lynch


+44 (0)131 220 9771

+44 (0)131 220 9772

 

Note to Editors:

 

About Concurrent Technologies Plc

 

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest 9th generation embedded Intel® Core™ processors, Intel® Xeon® and Intel Atom® processors. The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems.  The products are sold world-wide.

 

For more information on Concurrent Technologies Plc and its products please visit www.gocct.com.

 

All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
AGMEAFKSFDDFEFA
UK 100

Latest directors dealings