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Trading Update

3rd Jul 2015 07:00

RNS Number : 0767S
Stadium Group PLC
03 July 2015
 

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

 

 

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

 

 

N+1 Singer

Tel: 020 7496 3000

Sandy Fraser

 

Richard Lindley

 

 

 

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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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