18th Jan 2018 07:00
Stadium Group plc
("Stadium", the "Company" or the "Group")
Trading Update
Stadium Group plc (AIM: SDM), a leading supplier of design-led technologies including connectivity solutions, power supplies, human machine interface products and electronic assemblies, announces that trading for the year ended 31 December 2017 was in line with management's expectations following the trading update in November 2017. The Group's net debt position at 31 December 2017 was better than management's expectations at circa £11.8 million.
As previously notified, Stadium expects to announce its financial results for the year ended 31 December 2017 on Tuesday 13 March 2018.
For further information please contact:
Stadium Group plc | www.stadiuminvestors.com |
Charlie Peppiatt, Chief Executive Officer | Tel: 0118 931 1199 |
Winston North, Group Finance Director | Mob: 07774 239 116 |
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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 |
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N+1 Singer |
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Richard Lindley | Tel: 020 7496 3000 |
About Stadium Group plc (www.stadiumgroupplc.com)
Stadium Group plc is a leading supplier of design-led technologies including connectivity solutions, power supplies, human machine interface (HMI) and electronic assemblies with design and manufacturing operations in the UK, Sweden 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 products from 1W to 10kW
· Human machine interface (HMI) - intelligent interface and display solutions
2. Electronic Assemblies (40% of 2016 revenues)
· Electronic manufacturing services to global original equipment manufacturers
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Stadium Group PLC