Petards Group PLC AGM Statement (5212G)
08 May 2014 - 4:00PM
UK Regulatory
TIDMPEG
RNS Number : 5212G
Petards Group PLC
08 May 2014
8 May 2014
Petards Group plc
("Petards" or "the Company")
AGM Statement
Petards, the AIM quoted developer of advanced security and
surveillance systems announces that at its Annual General Meeting
to be held at 11.00am today, the Chairman, Raschid Abdullah, will
make the following statement:
"The corporate activity undertaken and the improvement in the
order book arising in the latter part of 2013 has served to place
Petards in a considerably strengthened financial position with
higher visibility of revenue for both 2014 and beyond.
Following on from the reorganisation and the 'Fit 4 Growth'
programme, management continues its focus on strengthening
strategic business relationships and closing orders currently under
negotiation.
I am pleased to report that the Company traded strongly and
profitably in the first quarter of 2014 and is on track for an
outcome in line with market expectations for the year."
Contacts
Petards Group plc www.petards.com
Raschid Abdullah, Chairman Mb: 07768 905004
Andy Wonnacott, Finance Director Tel: 0191 420 3000
WH Ireland Limited, Nomad and www.wh-ireland.co.uk
Joint Broker
Mike Coe, Ed Allsopp Tel: 0117 945 3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel: 020 7947 4350
claire.noyce@hybridan.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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