5th Jan 2017 07:41
LONDON (Alliance News) - Touchstar PLC on Thursday said its 2016 results are set to miss its expectations following a tough end to the year.
The mobile data computing services firm, formerly called Belgravium Technologies, said it was hit by certain orders being deferred into 2017 and having to make a significant bad debt provision for its Touchstar Access Control business.
This will mean it will miss its expectations for 2016, though the group said it remains comfortable with the current market view on 2017.
By Sam Unsted; [email protected]; @SamUAtAlliance
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