20 October 2016 – trading update
The supplier of specialist equipment to the electronics market has produced a trading statement covering the six months to 30 September with results likely to be better than the same period in 2015. These should be much in line with expectations and the acquisitions made in the 2015/16 financial year have been substantially integrated and are performing well. The group has been able to focus on cross selling amongst its divisions in the first half which has obviously been of benefit. At the end of September the group had an order book of £14.8m (2015: £14.2m on continuing operations) which clearly bodes well. Despite the rise in the share price the shares remain a BUY.