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Ultra Electronics Says Full-Year Expectations Unchanged, Order Book Up

29th Apr 2016 07:21

LONDON (Alliance News) - Ultra Electronics Holdings PLC on Friday said expectations for the full year remain unchanged, with "strong" order intake in the first quarter of around GBP320 million in 2016.016.

The defence, security, transport and energy company said the order intake resulted in an increase in its order book to GBP833.5 million as of April 1, from GBP753.8 million at the start of 2016.

Ultra said it will provide an update on trading in a pre-close statement, which will be released at the end of June 2016.

Shares in Ultra were down 1.4% at 1,764.00 pence Friday early morning.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.


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