3rd Jul 2015 07:00
3rd July 2015
Stadium Group plc
("Stadium", the "Company" or the "Group")
Trading Update
& Notice of Results
Stadium Group Plc (AIM: SDM), a leading electronics technologies group, provides the following pre‐close trading update for the six months ended 30 June 2015.
The positive start to the year, announced at the time of the AGM, has continued. Trading remains in line with management expectations and ahead of the equivalent period last year, with the seasonal trading pattern similar to that delivered in 2014. As our strategy gathers momentum, further growth is expected in our Technology Products division for the second half of the year.
The previously announced relocation to a new facility in China, which will significantly enhance the Group's technical capability, is progressing well and is on plan to be completed this month. In order to ensure that customer service levels are maintained during the relocation we have instigated an increase in working capital. We expect this to unwind in the second half of the year.
Stadium will announce its financial results for the six months ended 30 June 2015 on 8th September 2015.
For further information, please contact:
Stadium Group plc | www.stadium-plc.com |
Charlie Peppiatt, Chief Executive Officer | Tel: 01429 852 500 or Mob: 07990 826697 |
Joanne Estell, Finance Director | Mob: 07807 095419 |
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Walbrook PR | Tel: 020 7933 8780 or [email protected] |
Paul McManus | Mob: 07980 541 893 |
Helen Cresswell | Mob: 07841 917 679 |
Guy McDougall | Mob: 07557 285 676 |
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N+1 Singer | Tel: 020 7496 3000 |
Sandy Fraser |
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Richard Lindley |
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About Stadium Group plc
| www.stadium-plc.com |
Stadium Group plc is a leading provider of design-led integrated electronic technologies to the global electronics market with design and manufacturing operations in the UK and Asia. The Company consists of two divisions:
1. Technology Products - incorporating a portfolio of value-adding complementary products, design and integration capabilities in the areas of:
· Power - custom and standard power product solutions from 1W to 10kW
· Wireless - Design, integration & manufacture of M2M (machine-to-machine) wireless solutions
· Interface and Displays - Intelligent HMI (human machine interface) integrated solutions
2. iEMS - Integrated Electronic Manufacturing Services (iEMS) to global Original Equipment Manufacturers.
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