Spectra Systems Corporation Trading Update (3852A)
29 May 2019 - 4:00PM
UK Regulatory
TIDMSPSY TIDMSPSC
RNS Number : 3852A
Spectra Systems Corporation
29 May 2019
Spectra Systems Corporation ("Spectra")
Trading Update
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
Spectra Systems Corporation, a leader in machine-readable high
speed banknote authentication, brand protection technologies, and
gaming security software, today announces that it expects its
profits for the year ending 31 December 2019 to exceed market
expectations. The increased profits are related to a combination of
central bank sensor related research funding and strong first half
of the year optical materials sales.
Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are very
pleased that we are able to provide a positive trading update for
2019 which is reflective of an increasing product mix which allows
for sustained strong profitability."
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274
4700
WH Ireland Limited
Chris Fielding (Managing Director, Corporate Finance) Tel: +44
(0) 20 7220 1650
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.
END
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