23rd Feb 2026 14:26
Synectics PLC - Sheffield, England-based provider of advanced security and surveillance systems - Hails "ongoing new business momentum" as it secures new contracts which it says demonstrates "continued new business momentum across key growth regions and verticals." Synectics says it signs an agreement with a Southeast Asian government department aimed at enhancing and maintaining a traffic monitoring camera system in-country.
The company says: "This project marks a significant milestone for Synectics, as the first contract within the transport vertical in Southeast Asia and is expected to be delivered in FY26." Synectics's financial year ends on November 30.
Chief Executive Amanda Larnder says: "We are delighted to have secured these new contracts, which further enhance our efforts to both broaden our geographical reach and expand our activities into new verticals, including the broader energy market. These wins, including notable progress in Southeast Asia, are important validation of our ongoing focus and strategic intent."
Current stock price: 234.35 pence each, down 0.3% on Monday afternoon in London
12-month change: down 32%
By Tom Budszus, Alliance News slot editor
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