30th Mar 2006 07:01
Applied Optical Technologies PLC30 March 2006 30th March 2006 Applied Optical Technologies plc Pre-closing update Applied Optical Technologies plc, the supplier of high qualityanti-counterfeiting technologies and services, released today the followingpre-closing update. The Company believes its results for the year ending 31st March 2006 will be inline with expectations. Higher than expected sales and a strong contributionfrom the 3dcd joint venture have offset increased material and energy costs andalso the costs of the Company's share incentive programmes, which are nowexpensed following the transition to International Financial ReportingStandards. The Group continues to be cash generative and will have significant cashbalances in the year end balance sheet. - ends - Enquiries: Applied Optical Technologies plc: 0191 417 5434Mike Angus, Finance DirectorMark Turnage, Chief Executive Oriel Securities Limited: 0207 710 7600Andrew Edwards Weber Shandwick Square Mile: 020 7067 0700Nick Oborne/Stephanie Badjonat This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
OSG.L