Business
AGM Trading Update
AGM Trading Update.
About this update from Checkit Plc
[{"type":"text","content":"\n \nRNS Number : 9216R Elektron Technology PLC 20 June 2018 \n\nElektron Technology plc\n \nAGM Trading Update\n \nAhead of its Annual General Meeting on Wednesday 20 June 2018, Elektron Technology plc (AIM:EKT, \"Elektron\" or the \"Group\") , the technology group, provides an update on recent trading.\n \nBulgin's order book is significantly stronger than a year ago with both the order book and year to date orders at new record levels with sales at the half year expected to be at least £1m ahead of last year's £12.5m. As a result of continued strong demand and despite order visibility of around 12 weeks, the Board now expects sales for the full year to be ahead of the £27.3m achieved last year.\n \nCheckit, the Group's SaaS model business, continues to make strong progress and is in advanced discussions with a number of global businesses with a view to adoption of Checkit's disruptive technology.\n \nElektron Eye Technology continues to trade in line with expectations.\n \nElektron expects to provide an update on current year first half sales and cash in early August.\n \nFor further enquiries:\n \n\n\n\n\nElektron Technology plc\n\n\n \n\n\n+44 (0) 1223 371 000 \n\n\n\n\nwww.elektron-technology.com\n\n\n \n\n\n \n\n\n\n\nJohn Wilson (Chief Executive Officer)\n\n\n \n\n\n \n\n\n\n\nAndrew Weatherstone (Chief Financial Officer & Company Secretary)\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nN+1 Singer (Nominated Adviser & Broker)\n\n\n \n\n\n+44 (0) 20 7496 3000 \n\n\n\n\nShaun Dobson / Jen Boorer (Corporate Finance)\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nThe information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.\n \nNotes to Editors\nAbout Elektron Technology:\nElektron conceives designs and markets innovative products and services for businesses that connect, monitor and control. We have a multi skilled team of engineers, software and product line specialists based in Cambridge focused on the opportunities created by global trends in the following areas:\n- Demand for ubiquitous power and data: Bulgin\n- Real-time operations management using Internet of Things (IoT) techn...