Trading Statement

RNS Number : 4067Y

Concurrent Technologies PLC

22 December 2010

 



22 December 2010

Concurrent Technologies Plc

Pre Close Trading Update

Concurrent Technologies Plc, (the "Company") a leading developer and manufacturer of high end embedded computer products for critical applications in the defence, communications, transportation, and industrial markets, announces a trading update for the year ending 31 December 2010.

As anticipated when we announced the interim results, sales in the second half of the year are expected materially to exceed the sales in the first half and trading will therefore be in line with market expectations for the full year.

The cash position remains strong and, as a result, the Company expects to continue the practice of paying a second interim dividend to shareholders and to pay this before 6 April 2011. In this event there will be no final dividend in respect of 2010.

Enquiries

Concurrent Technologies Plc Glen Fawcett	[phone]
NexFin (Financial PR) Nicholas Nelson	[phone]
Cenkos Securities plc (NOMAD) Ken Fleming Beth McKiernan	[phone] [phone]

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

Note to Editors:

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high performance applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets. Using Intel^® processors, including the latest Intel^® Core™ i7 processors, Intel^® Xeon^®, Atom™ and Core™ 2 dual-core processors, the Company offers a wide range of computer products which are designed to be compliant with the most stringent industry specifications including those for products used in extremely harsh environments.

For more information on Concurrent and its products please visit http://www.cct.co.uk 

 

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