Spectra Systems Corporation Trading Update and Interim Results Date (4423O)
21 August 2017 - 4:00PM
UK Regulatory
TIDMSPSY TIDMSPSC
RNS Number : 4423O
Spectra Systems Corporation
21 August 2017
Spectra Systems Corporation
("The Company" or "Spectra Systems")
Trading update and interim results date
Spectra Systems, a leading supplier of authentication technology
for banknotes, brand authentication and tax stamps, is delighted to
report that trading in the current year has been strong.
Unexpectedly high sales of our phosphour products along with a full
year of higher margin in-house manufacturing have combined to
produce a strong year to date .
As a result the Board now expects the Company to significantly
exceed market expectations for PBTA and cash flow for the full year
ending 31 December 2017
The Board anticipates that the interim results for the 6 months
ended 30 June 2017 will be released on 5 September 2017.
Dr. Nabil Lawandy, CEO of Spectra Systems stated: "We are very
pleased with trading this year and are now confident that the
Company will significantly exceed market expectations for the full
year"
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700
WH Ireland Limited
Chris Fielding (Head of Corporate Finance) Tel: +44 (0) 20 7220 1650
This information is provided by RNS
The company news service from the London Stock Exchange
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