21st May 2019 15:54
LONDON (Alliance News) - Concurrent Technologies PLC said Tuesday ahead of its annual general meeting that its trading performance for 2019 so far has continued on from its good 2018 results.
Operating profit and turnover are so far in line with management expectations, and the order book is strong.
In addition, the computer board designer said it has appointed interim Chief Executive Officer Jane Annear to the role on a permanent basis with immediate effect.
The former Commercial Director was appointed as interim CEO on May 8, after Glen Fawcett died after being on a leave of absence to "undergo medical treatment" since mid-January.
"The company's cash position remains robust following increased dividend payments and further investment in product development," said Chair Michael Collins.
Shares in Concurrent Technologies were up 1.9% at 75.94 pence on Tuesday.
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