For Release
7.00am Tuesday 8th October 2013
GRAFENIA PLC
POST-CLOSE TRADING STATEMENT
Since the last update at the AGM in July, sales volumes disappointed through to the end of August. September has proven more in line with expectations. Encouragingly, progress has been made with the licensing of the Group's SaaS platforms into other territories.
Taking into account the above and the costs of establishing the Group's SaaS offerings the Directors expect the results for the year to be below market expectations and skewed towards the second half's trading.
The interim results for the six month period ending 30 September 2013 are expected to be announced on 4 November 2013.
For further information:
Grafenia plc
Tony Rafferty (Chief Executive) 07966 517 336
Alan Roberts (Finance Director) 0161 848 5713
N+1 Singer
Richard Lindley 0113 388 4789
This information is provided by RNS