PEG Petards Group Plc

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RNS Number : 8449B

Petards Group PLC

12 January 2015

12 January 2015

PETARDS GROUP PLC ("Petards" or the "Group")

Trading Update

Petards, the AIM quoted developer of advanced security and surveillance systems, is pleased to provide an update on trading following the end of its financial year on 31 December 2014.

The Group's profit before tax for the year ended 31 December 2014 is expected to be in line with market expectations, on slightly lower than anticipated revenues.

Raschid Abdullah, Chairman of Petards Group plc said: "It was pleasing to close the year having secured significant contracts from both Bombardier and the MOD, that were announced on 22 December, adding to the Group's strong forward order book which remains in the region of GBP20 million."

Contacts:

 
 Petards Group plc            www.petards.com 
 Raschid Abdullah, Chairman   Mb: 07768 905 004 
 Andy Wonnacott, Finance      Tel: 0191 420 3000 
  Director 
 
 WH Ireland Limited, Nomad    www.wh-ireland.co.uk 
  and Joint Broker 
 Mike Coe / Ed Allsopp        Tel: 0117 945 3470 
 
 Hybridan LLP, Joint Broker   www.hybridan.com 
 Claire Louise Noyce          Tel: 020 3713 4581 
                               claire.noyce@hybridan.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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