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Stadium Group PLC (SDM)

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Thursday 18 January, 2018

Stadium Group PLC

Trading update

RNS Number : 1896C
Stadium Group PLC
18 January 2018
 

 

 

Stadium Group plc

("Stadium", the "Company" or the "Group")

 

Trading Update

 

Stadium Group plc (AIM: SDM), a leading supplier of design-led technologies including connectivity solutions, power supplies, human machine interface products and electronic assemblies, announces that trading for the year ended 31 December 2017 was in line with management's expectations following the trading update in November 2017.  The Group's net debt position at 31 December 2017 was better than management's expectations at circa £11.8 million.

 

As previously notified, Stadium expects to announce its financial results for the year ended 31 December 2017 on Tuesday 13 March 2018.

 

For further information please contact:

 

Stadium Group plc

www.stadiuminvestors.com

Charlie Peppiatt, Chief Executive Officer

Tel: 0118 931 1199

Winston North, Group Finance Director

Mob: 07774 239 116

 

 

Walbrook PR

Tel: 020 7933 8780 or [email protected]

Paul McManus

Mob: 07980 541 893

Helen Cresswell

Mob: 07841 917 679

 

 

N+1 Singer

 

Richard Lindley

Tel: 020 7496 3000

 

 

About Stadium Group plc (www.stadiumgroupplc.com)

Stadium Group plc is a leading supplier of design-led technologies including connectivity solutions, power supplies, human machine interface (HMI) and electronic assemblies with design and manufacturing operations in the UK, Sweden 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 products from 1W to 10kW

·     Human machine interface (HMI) - intelligent interface and display solutions

 

2.    Electronic Assemblies (40% of 2016 revenues)

·     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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