AGM Trading Update
Trading in line with expectations; recent contract wins across energy, leisure, critical infrastructure and transport sectors support order book.
vs expectations: in line
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Synectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, today provides shareholders with an update on trading ahead of its Annual General Meeting, taking place later this morning.
Trading to date in the year ending 30 November 2025 is in line with the Board's expectations and the outlook for the full year remains consistent with previous market guidance[1] provided at the time of the release of the Company's audited final results on 4 March 2025.
Recent wins across all key sectors continue to support the Company's solid order book and encouraging sales traction.
In the energy sector, these wins include projects for new installations and refurbishments, notably within the floating liquefied natural gas and floating production storage and offloading markets.
The leisure and hospitality sector continues to see positive momentum with new customers secured, particularly in North America and the Far East. Additionally, sustained demand from established casino customers remains buoyant with both upgrades and repeat orders.
Further gains have been made across the Group's critical infrastructure, public space, and transport sectors, including the award of new projects from local authority housing associations and the West Midlands Police.
Synectics continues to progress its strategic initiatives, including development of its go-to-market strategy, leveraging the flexibility and scalability of its advanced security and surveillance solutions to address new and existing market opportunities.
The Company looks forward to providing a further update in its unaudited interim results which are due to be released in July.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.