Petards Group (PEG)

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FTSE AIM All-Share

 8.10p
   
  • Change Today:
      0.000p
  • 52 Week High: 8.50
  • 52 Week Low: 3.40
  • Currency: UK Pounds
  • Shares Issued: 57.53m
  • Volume: 0
  • Market Cap: £4.66m
  • RiskGrade: 321

Petards wins £2.7m contract with Bombardier

By Michele Maatouk

Date: Thursday 16 Aug 2018

LONDON (ShareCast) - (Sharecast News) - AIM-listed software developer Petards has been awarded a contract worth more than £2.7m to supply Bombardier with its eyeTrain systems.
The new contract will see Petards supply eyeTrain systems as part of a Class 172 modifications project for supply to a total of 35 West Midlands trains. The trains will be modified to have Petards Automatic Selective Door Opening system, Driver Controlled Operation CCTV and Automatic Passenger Counting systems installed.

Engineering activities will begin immediately, with the first equipment deliveries starting in January 2019 and it is expected that the project will be completed in 2020.

Chairman Raschid Abdullah said: "This new order adds to our already significant installed base and strengthens our position as the leader of on-train video and data solutions. Additionally it further bolsters the group's present order book for delivery in 2019 through to 2020."

Petards' eyeTrain solutions combine to provide a digital on-train surveillance subsystem designed to help maximise safety and performance, assisting train operating companies and train builders in meeting passenger and industry demands.

The eyeTrain products, which can also be used separately, integrate into the system architecture of a train and have been specifically designed to perform in the harsh conditions of the rail environment, maintaining a high level of reliability, dependability and requiring a low level of maintenance.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Petards Group Market Data

Currency UK Pounds
Share Price 8.10p
Change Today 0.000p
% Change 0.00 %
52 Week High 8.50
52 Week Low 3.40
Volume 0
Shares Issued 57.53m
Market Cap £4.66m
RiskGrade 321

Petards Group Star Ratings

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Key: vs Market vs Sector
Value Not Available
Price Trend
19.24% above the market average19.24% above the market average19.24% above the market average19.24% above the market average19.24% above the market average
17.17% above the sector average17.17% above the sector average17.17% above the sector average17.17% above the sector average17.17% above the sector average
Income Not Available
Growth
98.72% below the market average98.72% below the market average98.72% below the market average98.72% below the market average98.72% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Petards Group Dividends

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