26 September 2019 – AGM trading update

At the company’s AGM it announced that trading is in line with expectations.  Control Micro Systems has integrated well with existing laser activities and the US$5.2m surplus returned from the pension scheme in May provided a boost.  The latter coincided with a huge reduction in liabilities and reduced level of risk.  Interim results are due to be released in early December and ahead of the news we see no reason to change our BUY rating.