Morning all!
K3 Business Technology ( K3 Business Technology (LON:KBT) ) – 205p – £88.0m – PER n/a
Interim Results For The 6 Months To End May 2018 – Revenue up 2.6% to £41.4m (2017: £40.3m), LBT reduced to £1.0m (2017: £5.8m), Net debt £8.5m at period end (2017: £18.5m). Confident of further progress.
Looks like it’s maybe back on track here but would rather see the FY situation before changing my Neutral stance.
As always, all comment most welcome!
IQE (LON:IQE) - "its proprietary NanoImprint Lithography technology has been production qualified by a leading supplier of Distributed Feedback lasers into the telecoms industry, and the first production order for USD 250,000 has been received. Production will commence immediately." Seems a small deal to me.
Issued at 11:30 ...
Petards (LON:PEG), the AIM quoted software developer of advanced security and surveillance systems, announces that it has been awarded a contract to supply Bombardier Transportation ("Bombardier") with Petards' eyeTrain systems.
The new contract, which is worth £2.8 million, is for the supply of Petards' eyeTrain systems to be fitted to five and ten car BOMBARDIER AVENTRA Electrical Multiple Unit (EMU) trains to be built by Bombardier for supply to South Western Railway. Engineering activities will commence immediately with the first equipment deliveries starting in September 2018 and it is expected that the project will be completed in 2020.
