Orders for Fibre Optics systems in Asia
09 Dezembro 2009 - 6:00AM
RNS Non-Regulatory
TIDMSEO
Stanelco PLC
09 December 2009
?
9th December 2009
Stanelco plc ("the Company")
RF Applications secures orders for Fibre Optics systems in Asia
Stanelco plc is pleased to announce its RF Applications division has signed
orders for GBP0.75m to supply several induction furnace systems and associated
equipment to leading customers in Asia.
This follows a reinvigoration of the RF Applications division, which reported
annual sales to the year ended 31 December 2008 of GBP1.1m. Although not
material to the Group's overall earnings, these orders underpin the continuing
growth of the RF Applications division, and follow another order for furnace
systems secured earlier this year.
The orders will be delivered over the next six months and are further evidence
of both the strength of the fibre optic cable market, particularly in Asia, and
Stanelco's product capability in this area.
Recently the RF Applications team has been strengthened through management and
sales staff appointments, who are introducing new products, driving support
services and filling the new sales pipeline.
Paul Mines, Chief Executive of Stanelco, said:
"These contracts are evidence we were right to invest in a number of product
areas in our RF Applications division where we believe that competitive
advantage can be achieved. This is reaping benefits and our customer base is
widening.
"We look forward to signing further excellent contracts like these, which
provide revenue visibility, in the future."
Ends
Enquiries:
+-----------------------------------------------+------------------------+
| Paul Mines, Chief Executive, Stanelco plc | Tel: +44 (0) 2380 |
| Sue Bygrave, Group Finance Director, Stanelco | 867100 |
| plc | |
| | |
+-----------------------------------------------+------------------------+
| Jonathon Brill/Caroline Stewart, | Tel: +44 (0) 20 7831 |
| Financial Dynamics | 3113 |
| | |
+-----------------------------------------------+------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAUKUBRKURURRA
Stanelco (LSE:SEO)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Stanelco (LSE:SEO)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Stanelco da Bolsa de Valores de Londres bolsa de valores: 0 artigos recentes
Mais Notícias de Stanelco