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Zytronic PLC (ZYT)

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Thursday 15 October, 2015

Zytronic PLC

Trading Update

RNS Number : 3029C
Zytronic PLC
15 October 2015
 

Zytronic plc (the "Company")

 

Trading Update

 

 

The Board is pleased to provide the following pre-close statement ahead of announcement of the Group's results for the year ended 30 September 2015, which is expected to take place on 8 December 2015.

 

Further to the outlook statement made with the interim results on 19 May 2015, the second half showed an improvement in revenues over that reported for the first half. This was particularly marked over the last quarter, resulting in a 13% increase in total revenues for the year above that reported for 2014.

 

The improvement in revenues, together with the continuing benefits of the production efficiencies and capital investments, as reported upon at the time of the interim results, have resulted in the Board expecting pre-tax profit for the full year to be materially ahead of market expectations.

 

Further information will be provided in the full-year results announcement.

 

Zytronic plc

0191 414 5511

Claire Smith / Mark Cambridge




N+1 Singer (Nominated Adviser & Broker)

020 7496 3000

Aubrey Powell / Tom Smale




 

 

Notes to Editors

 

Zytronic is the developer and manufacturer of a unique range of internationally award-winning touch sensor products.

 

These products employ an embedded sensing element and are based around either projected capacitive technology ("PCT™") or mutual projected capacitive technology (MPCT™) sensing. Both technologies were developed and designed to offer significant durability, environmental stability and optical enhancement benefits to system designers of touch interactive, industrial, self-service and public access equipment.

 

Operating from three modern factories near Newcastle-upon-Tyne in the United Kingdom, Zytronic designs and assembles touch sensors using special glass and plastic materials, in environmentally controlled clean rooms.

 


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