3rd May 2016 07:20
LONDON (Alliance News) - Electronic technologies supplier Stadium Group PLC on Tuesday said trading in the first quarter met its expectations.
Stadium, which makes wireless technology, power supplies and electronic assemblies, said first-quarter revenue was in line and it anticipates further revenue growth in the second half, backed by a robust order book.
The company also said it has opened a new design centre in Sweden to support its growth plans and is reviewing the possibility of consolidating its European manufacturing presence from four locations to two in the UK.
Stadium shares were up 3.4% to 121.45 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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