15 June 2010 – trading update
As noted in a trading update in March, the company still expects to be profitable in the second half of the financial year just ended and sees further improvement in performance in the current year. Results for the year ended 31 May 2010 will be released on Wednesday 8 September and more information should be available at that stage.
A contact win in the Industrial Products division has also been announced with subsidiary Moss Group Automation securing a contract worth £650k. This is a welcome boost and we continue to rate the shares as a BUY.