Picture of Synectics logo

SNX — Synectics News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsSpeculativeMicro CapNeutral

AGM Trading Update

RNS Number : 5772H

Synectics PLC

07 May 2025

 

7 May 2025
    Synectics plc ("Synectics", the "Company" or the "Group")   AGM Trading Update   Trading in-line, with recent contract wins across all key sectors supporting the Company's solid order book   Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, today provides shareholders with an update on trading ahead of its Annual General Meeting, taking place later this morning.   Trading to date in the year ending 30 November 2025 is in line with the Board's expectations and the outlook for the full year remains consistent with previous market guidance[1] provided at the time of the release of the Company's audited final results on 4 March 2025.   Recent wins across all key sectors continue to support the Company's solid order book and encouraging sales traction.   In the energy sector, these wins include projects for new installations and refurbishments, notably within the floating liquefied natural gas and floating production storage and offloading markets.   The leisure and hospitality sector continues to see positive momentum with new customers secured, particularly in North America and the Far East. Additionally, sustained demand from established casino customers remains buoyant with both upgrades and repeat orders.   Further gains have been made across the Group's critical infrastructure, public space, and transport sectors, including the award of new projects from local authority housing associations and the West Midlands Police.   Synectics continues to progress its strategic initiatives, including development of its go-to-market strategy, leveraging the flexibility and scalability of its advanced security and surveillance solutions to address new and existing market opportunities.   The Company looks forward to providing a further update in its unaudited interim results which are due to be released in July.     For further information, please contact:  
Synectics plc
Amanda Larnder, Chief Executive Officer and Chief Financial Officer
Claire Stewart, Company Secretary
email:info@synecticsplc.com
Tel: +44 (0) 114 280 2828
www.synecticsplc.com
Shore CapitalTel: +44 (0) 20 7408 4090
Corporate Advisory - Tom Griffiths / David Coaten / George Payne
Corporate Broking - Fiona Conroy
Vigo Consulting
Jeremy Garcia / Fiona Hetherington / Peter Jacob
synectics@vigoconsulting.com
Tel: +44 (0) 20 7390 0230
    About Synectics plc   Synectics plc (AIM: SNX) is a leader in advanced security and surveillance solutions that help protect people, property and assets around the world.   It transforms customer operations by seamlessly integrating systems, technologies, and data into a unified solution-enhancing safety, improving efficiency, and enabling smarter, faster decision-making and response capabilities.   With its technical expertise, decades of experience, and strong partnerships, Synectics sets itself apart by delivering innovation and service that drive real value and long-term success.   Find out more at www.synecticsplc.com.   [1]FY 2025 market expectations are for revenue of £65.0m and adjusted profit before tax of £5.3m This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.   END     AGMUNSWRVUUVRAR

Recent news on Synectics

See all news