Actualización de negociación AGM
plc
("Zytronic" o la "Compañía",
y junto con Zytronic Displays Ltd, el "Grupo")
Actualización de negociación AGM
Zytronic, a leading specialist manufacturer of touch sensors, provides the following trading update ahead of the AGM being held at the Company's offices at 1.00 p.m. today.
As noted in the Annual Results release for the financial year ended 30 September 2023 ("FY23"), the trends observed during the first quarter of FY24 are continuing in the second quarter to date. Management expectations are unchanged in that the positive impact resulting from the conversion of the opportunities pipeline (which has generally shown an improving trend since FY21) will likely be realised from the latter half of FY24 or early FY25 onwards.
The recently appointed Sales Director, together with his international team and channel partners, has now concluded the comprehensive re-evaluation of the existing 'Open' opportunities pipeline described in the FY23 Annual Results release. As at 31 January 2024, a total of 464 opportunities are classified as Open with a total projected lifetime value of £58.5m (30 September 2023, prior to re-evaluation: £68.6m).
During the Global Gaming Expo in October 2023 and the Integrated Systems Europe Expo which took place in February 2024, the Group unveiled several new products including complete interactive large format and round format tables. These offerings garnered significant interest, as did other demonstrations showcasing the technical capabilities of its specific PCAP technology enabling unique hybrid button concepts and interactivity through a range of materials including concrete, wood, leather and Corian®.
While disciplined cost control remains a priority during this period of reduced revenue generation for the Group, management recognises the need for increased investment in personnel, travel, marketing, and product development, as the Group continues to position itself for future performance improvement.
The Group's net cash balance as at 31 January 2024 stood at £4.1m.
The Company expects to provide a further update in its FY24 Interim Results, scheduled to be released during May 2024.
Consultas: |
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plc Mark Cambridge, director ejecutivo Claire Smith, directora financiera del grupo | 0191 414 5511
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Mercados de capitales de cantante | 020 7496 3000 |
Aubrey Powell, Alex Bond, Finn Gordon |
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Sobre Zytronic
La filial operativa del grupo, Zytronic Display Ltd ("ZDL") es un desarrollador y fabricante de renombre mundial de una gama única de productos de superposición de sensores táctiles interactivos ópticamente transparentes, galardonados internacionalmente, para uso con pantallas electrónicas en el sector industrial, de autoservicio y de acceso público. equipo.
Los productos de ZDL emplean una solución de detección que es fácilmente configurable y está integrada en un núcleo laminado que ofrece significativa durabilidad, estabilidad ambiental y beneficios de mejora óptica para cumplir con los requisitos de diseño específicos del sistema.
ZDL ha desarrollado continuamente conocimientos tecnológicos y de procesos e IP desde finales de los años 1990 en torno a dos metodologías de detección de capacitancia proyectada ("PCAP"); ¿marca registrada como PCT? ("Tecnología capacitiva proyectada") y MPCT? ("Mutual Projected Capacitive Technology"), en el que se poseen 15 patentes concedidas internacionalmente.
The Group is headquartered at Blaydon-upon-Tyne in the United Kingdom. ZDL operates from this site, providing its manufactured products globally through a number of sales channel partners. ZDL is relatively unique in the touch eco-system as it offers a complete one-stop solution including processing internally of the form and factor of glass and film substrates, the assembly of the associated touch overlay products, in environmentally controlled cleanrooms to customers' specific requirements and the development of the bespoke firmware, software and electronic hardware which links the manufactured touch interactive overlays to customer's integrated systems and product.
Para obtener más información sobre las tecnologías y productos de ZDL, consulte www.zytronic.es y para obtener información sobre el Grupo, consulte https://www.zytronicplc.com
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