Actualización de Trading
Este anuncio contiene información privilegiada a los efectos del artículo 7 de la versión del Reino Unido del Reglamento (UE) n.º 596/2014, que forma parte de la legislación del Reino Unido en virtud de la Ley de la Unión Europea (Retirada) de 2018, modificada ("MAR"). Tras la publicación de este anuncio a través de un Servicio de información reglamentaria, esta información privilegiada ahora se considera de dominio público.
Touchstar plc
(el "Empresa""Estrella táctil" o la "Grupo procesos")
Full year trading update for the year ended 31 December 2023
Revenue and profits expected to be in line with expectations
Lower tax charge and successful share buybacks to have a beneficial impact on earnings per share.
Confident in the outlook for 2024
Touchstar plc (AIM: TST), suppliers of mobile data computing solutions and managed services to a variety of industrial sectors, is pleased to announce a trading update for the year ended 31 December 2023 ("FY23").
Trading update and financial position
The unaudited full year outcome for FY23 is expected to be broadly in line with market expectations at the revenue and profit before tax levels. Unaudited revenue shows an increase of approximately 7% on FY22. Unaudited profit before tax show an increase of approximately 60% on FY22.
The tax charge is now anticipated to be materially lower than previous expectations and when this is combined with the beneficial effect of the share buybacks as a result earnings per share is now expected to be well above market expectations. The Company purchased 275,000 Ordinary Shares during FY23.
Net cash as at 31 December 2023 was £3m (FY22: £3.4m).
Perspectivas para 2024
Trading remains on track for 2024 to be a year of
· Further revenue growth
· Maintenance of healthy margins
· Positive cash generation
· Progress in profitability
Ian Martin, presidente, comentó: "Touchstar entered 2024 in good shape. In the market sectors in which we operate activity continues, which gives reassurance for the outlook in 2024. The medium-term prospects for the company have improved. The team is now focussed on making such opportunity a reality, enabling a long term continuation of the positive trends in financial performance, building upon the solid platform we have developed and making Touchstar a better business."
Touchstar expects to report its final results for the year ended 31 December 2023 on or around 17 April 2024.
Para más información, por favor póngase en contacto con:
Touchstar plc Ian Martin marca resistente | www.touchstarplc.com 0161 874 5050 0161 874 5050 |
WH Irlanda - Consejero designado & Broker Finanzas corporativas - Mike Coe/Sarah Mather
| www.whirelandcb.com 020 7220 1666 |
Puede consultar información sobre Touchstar plc en: www.touchstarplc.com
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