Synectics (SNX)

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FTSE AIM All-Share

194.38p
   
  • Change Today:
      4.38p
  • 52 Week High: 194.50
  • 52 Week Low: 97.50
  • Currency: UK Pounds
  • Shares Issued: 17.79m
  • Volume: 20,877
  • Market Cap: £34.59m
  • Beta: 0.00

Synectics wins £800,000 contract with 'major UK utility provider'

By Iain Gilbert

Date: Wednesday 17 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Security and surveillance systems business Synectics has been awarded an £800,000 contract with a new customer to deliver a multi-site deployment of its proprietary software platform, Synergy.
Synectics said the contract, which was with "a major UK utility provider", will be deployed in its current financial year and see Synergy rolled out across the client's main command and control centre, centralising feeds from numerous disparate locations throughout the network into one simple interface.

The AIM-listed group highlighted that Synergy's open architecture allows configuration to the exacting requirements of each individual customer. Furthermore, Synergy incorporates third-party solutions into its platform, ensuring customers continue to benefit from leading solutions as technologies develop and evolve.

Chief executive Paul Webb said: "We are delighted to have secured this new contract. The flexibility of our software ensures that we can deliver a system that is tailored to each customer, enabling us to deliver sector-specific solutions. We look forward to working with this new customer to streamline and optimise their command and control functionality."

As of 0935 BST, Synectics shares were up 4.05% at 192.50p.







Reporting by Iain Gilbert at Sharecast.com

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Synectics Market Data

Currency UK Pounds
Share Price 194.38p
Change Today 4.38p
% Change 2.30 %
52 Week High 194.50
52 Week Low 97.50
Volume 20,877
Shares Issued 17.79m
Market Cap £34.59m
Beta 0.00

Synectics Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.99% below the market average11.99% below the market average11.99% below the market average11.99% below the market average11.99% below the market average
51.11% above the sector average51.11% above the sector average51.11% above the sector average51.11% above the sector average51.11% above the sector average
Price Trend
96.78% above the market average96.78% above the market average96.78% above the market average96.78% above the market average96.78% above the market average
94.00% above the sector average94.00% above the sector average94.00% above the sector average94.00% above the sector average94.00% above the sector average
Income
26.22% below the market average26.22% below the market average26.22% below the market average26.22% below the market average26.22% below the market average
7.94% below the sector average7.94% below the sector average7.94% below the sector average7.94% below the sector average7.94% below the sector average
Growth
97.73% above the market average97.73% above the market average97.73% above the market average97.73% above the market average97.73% above the market average
95.96% above the sector average95.96% above the sector average95.96% above the sector average95.96% above the sector average95.96% above the sector average

Synectics Dividends

  Latest Previous
  Final Final
Ex-Div 11-Apr-24 06-Apr-23
Paid 03-May-24 05-May-23
Amount 3.00p 2.00p

Trades for 01-May-2024

Time Volume / Share Price
14:05 5 @ 194.50p
12:23 5,000 @ 192.50p
12:22 5,000 @ 192.50p
10:57 4,438 @ 191.40p
11:40 15 @ 191.90p

Synectics Key Personnel

CEO Paul Webb
Finance Director Amanda Larnder

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