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Ubisense To Meet 2013 Expectations As Orders Rise

21st Jan 2014 10:08

LONDON (Alliance News) - Ubisense PLC said Tuesday that it will meet expectations for its 2013 financial results as it won contracts and saw orders rise.

The location tracking software, hardware and services company said it saw orders of GBP32 million for the year, up 30% from 2012.

The company's recent acquisition Geoplan Group is integrating smoothly, Ubisense said, and it has already seen early sales engagements with industrial groups in Japan and Korea. Ubisense acquired Geoplan in December.

Ubisense will announce its full year results March 25.

Shares in Ubisense were trading up 1.8% at 249.30 pence Tuesday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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