By Iain Gilbert
Date: Wednesday 29 May 2019
LONDON (ShareCast) - (Sharecast News) - Authentication technology and software firm Spectra Systems told investors on Wednesday that it now expects full-year profits to exceed market expectations.
While providing only a short statement, Spectra said its increased profits were related to a combination of central bank sensor-related research funding and a strong first-half sales performance in its optical materials unit.
Chief executive Dr Nabil Lawandy said: "We are very pleased that we are able to provide a positive trading update for 2019 which is reflective of an increasing product mix which allows for sustained strong profitability."
As of 1035 BST, Spectra shares had climbed 5.82% to 131.74p.
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Currency | UK Pounds |
Share Price | 221.00p |
Change Today | -2.00p |
% Change | -0.90 % |
52 Week High | 233.00 |
52 Week Low | 162.50 |
Volume | 17,992 |
Shares Issued | 46.97m |
Market Cap | £103.80m |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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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 |
16:26 | 3,250 @ 223.00p |
15:57 | 5,400 @ 217.75p |
14:36 | 3,459 @ 221.84p |
12:57 | 1,064 @ 217.75p |
12:21 | 805 @ 222.07p |
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