By Iain Gilbert
Date: Monday 10 Dec 2018
LONDON (ShareCast) - (Sharecast News) - Secure transaction and banknote technology firm Spectra Systems has received unexpected additional orders for its high-performance phosphor used by a G7 central bank.
As a result, Spectra anticipates the additional end of year orders to bring about a "significant increase" in the AIM-listed firm's profits for 2018, helping its earnings move "above market expectations".
Chief executive Dr Nabil Lawandy, said: "We are very pleased that we were able to provide a second positive trading update in 2018 further underpinning our continued growth, particularly in the area of optical materials"
Spectra reported an increase in first-half revenues in September, also on the back of a large customer order, and increased its annual dividend by 20% to $0.06 per share.
As of 0845 GMT, Spectra shares had shot up 11.07% to 114.40p.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 223.00p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 233.00 |
52 Week Low | 162.50 |
Volume | 20,934 |
Shares Issued | 46.97m |
Market Cap | £104.73m |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Latest | Previous | |
---|---|---|
Final | Final | |
Ex-Div | 04-Jun-24 | 01-Jun-23 |
Paid | 23-Jun-24 | 23-Jun-23 |
Amount | 11.60¢ | 11.50¢ |
Time | Volume / Share Price |
15:24 | 6,900 @ 219.50p |
15:24 | 6,900 @ 219.00p |
13:13 | 2,984 @ 217.00p |
13:13 | 3,000 @ 216.00p |
12:16 | 900 @ 221.95p |
You are here: research