18th Jul 2006 07:00
Vislink PLC18 July 2006 Vislink plc 2006 Interim Trading Update 18th July 2006 Vislink plc ("The Group") has enjoyed an excellent first half's trading, aheadof expectations. Sales are over £50million for the half year compared with£36.24million for the corresponding period for 2005. The Group expects its adjusted operating profits for the half year, before theamortisation of acquired intangibles, to be in excess of £6.5m compared with£3.05 million for the first half of last year. The international and domestic markets have remained strong for our US business,MRC. Our UK business continues to benefit from the increasing demand for LinkResearch's new High Definition products and from the return to profitability ofAdvent, our satellite communications business. Hernis, the Norwegian specialist marine safety and security business, has had arecord order input in the period and continues to win significant orders fromboth marine and offshore oil and gas projects. The Board is delighted with the Group's first half performance and with a strongorder book, looks forward to the rest of the year with enthusiasm andconfidence. - ENDS- Vislink plc is a leading supplier of microwave radio and satellite transmissionproducts for the broadcast and security markets and of CCTV systems for themarine security market. The Group expects to announce its 2006 interim results on 30th August 2006. The Group's website is www.vislink.co.uk. For further information pleasecontact: Ian Scott-Gall 01488 685500Chief Executive, Vislink plc James Trumper 01488 685500Group Finance Director, Vislink plc This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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