26th Apr 2017 07:00
Stadium Group plc
(the "Company")
Technology Day Trading Update
Stadium Group plc (AIM: SDM), a leading supplier of connectivity solutions, power supplies, human machine interface products and electronic assemblies, announces the following trading update ahead of the Technology Day for institutional and other investors being held today in London.
The first quarter of the year has traded in-line with management expectations, and during this period the Company's order book has continued to grow and now exceeds £28m, up from £25.8m at the year end.
The Board remains confident that the Company's offering of complementary electronic technologies and specialist design-focused engineering expertise continues to be attractive to customers and that the growing demand already seen in the first quarter is expected to continue, further underpinning 2017 expectations.
Today's investor events are being held at the London Capital Club, 15 Abchurch Lane, London, EC4N 7BW. Investors are still able to register for the event at 2.00 p.m. by emailing [email protected] or by telephoning Walbrook PR on the number below.
Presentations will be given by CEO, Charlie Peppiatt, and other key members of the senior management team covering the Company's Technology Products divisions (Human Machine Interface, Connectivity & Power), the successful execution of its Regional Design Centre strategy and the opportunity presented by the growing Single Board Computing market.
The presentation slides and recorded audio will be available on the Company website (www.stadiumgroupplc.com/investors) shortly after the event.
No new material or trading information will be provided during the presentations.
For further information please contact:
Walbrook PR | Tel: 020 7933 8780 or [email protected] |
Paul McManus | Mob: 07980 541 893 |
Helen Cresswell | Mob: 07841 917 679 |
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N+1 Singer | Tel: 020 7496 3000 |
Richard Lindley |
Nick Owen
About Stadium Group plc (www.stadiumgroupplc.com)
Stadium Group plc is a leading supplier of wireless solutions, power supplies, interface displays and electronic assemblies with design and manufacturing operations in Europe and Asia. The Company consists of two divisions:
1. Technology Products (60% of 2016 revenues)
· Connectivity Solutions - design, integration and manufacture of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT") wireless solutions
· Power Supplies (including Stontronics) - custom and standard power product solutions from 1W to 10kW
· Human Machine Interface - intelligent "HMI" integrated solutions
2. Electronic Assembly (40% of 2016 revenues) - previously Electronic Manufacturing Services
· Electronic manufacturing services to global original equipment manufacturers
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Stadium Group PLC