Trading Update

Sondex PLC 23 March 2006 Sondex plc ("Sondex" or the "Company") Trading Update Revenues and operating profits expected to increase by over 50% Sondex, a leading oilfield technology supplier, today provides an update prior to entering into close period for the company's results for the year ended 28 February 2006. Trading Update The last year has seen a strong global oil and gas services market. Sondex anticipates reporting revenues and operating profits up by over 50% to a revenue figure in excess of £50million with sustained margins. Substantial organic growth has been achieved. The year end numbers will also include a first full year contribution from Geolink, against 8 months in the previous year, and two full months of AES, acquired for £8 million in December 2005. Performance is expected to exceed market consensus. Continued Investment Sondex has continued its programme of investing at record levels in product development and international sales and marketing infrastructure. Manufacturing capacity has been increased considerably in response to market conditions. Brokership change Sondex further announces that it has appointed Investec as the Company's sole broker and advisor, with immediate effect. Martin Perry, Chief Executive, commented: "Both our divisions have performed well in the past year with an especially strong second half producing good top-line growth and consistent margins. "Our strategy of investing across the business combined with the continuing healthy market conditions leaves Sondex ideally placed to deliver further growth in the new financial year." 23 March 2006 ENQUIRIES: Sondex Tel: 0118 932 6755 Martin Perry (Chief Executive) Chris Wilks (Finance Director) College Hill Tel: 020 7457 2020 Nick Elwes Ben Brewerton This information is provided by RNS The company news service from the London Stock Exchange
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