Year end trading update (0362W)
24 Janeiro 2012 - 5:00AM
UK Regulatory
TIDMUBI
RNS Number : 0362W
Ubisense Group PLC
24 January 2012
24 January 2012
Ubisense Group plc
Year end trading update
Ubisense Group plc (AIM: UBI, 'Ubisense', 'the Group'), the
market-leading location solutions company, provides an update on
trading performance for the full year to 31 December 2011.
The good momentum in the business achieved in the first half of
the year has been maintained in the second half. As a result,
Ubisense anticipates reporting annual revenue growth and adjusted
EBITDA* in line with the Board's expectations.
The Group's order book continues to grow, with significant
contract wins across both RTLS and Geospatial divisions and in all
key geographies.
Ubisense has a strong balance sheet with net cash at 31 December
2011 of over GBP5 million.
Ubisense completed two acquisitions in the second half of 2011.
Both have been fully integrated and are performing in line with
expectations. The Group continues to evaluate further acquisition
opportunities.
Ubisense expects to publish its final results for the full year
to 31 December 2011 on Tuesday 6 March 2012.
*Adjusted EBITDA is EBITDA excluding AIM listing expenses,
acquisition costs and share-based payments.
Richard Green, CEO of Ubisense, commented:
"2011 was a tremendous year in our history, with the listing on
AIM, two Geospatial acquisitions and further endorsement of our
Real Time Location Solutions by new customers such as Eurocopter,
Daimler and Paccar. We have also entered into a global licence
agreement with both BMW and EADS during the year.
"We continue to gain momentum in the automotive and aerospace
sectors, and have also secured significant contract wins in the
energy sector in the second half of the year, both for our
Real-Time Location and Geospatial Solutions.
"We start 2012 with a record order book and expect 2012 to be
another strong year for Ubisense."
Enquiries:
Ubisense www.ubisense.net
Richard Green, CEO +44 (0) 1223 535170
Gordon Campbell, CFO
Canaccord Genuity
Nominated Advisor and Broker
Simon Bridges/Henry Fitzgerald-O'Connor +44 (0) 20 7050 6500
College Hill +44 (0) 20 7457 2020
Adrian Duffield / Jon Davies
Notes to editors
Ubisense is the market-leading location solutions company,
delivering mission-critical enterprise asset tracking and
geospatial systems that bring visibility and control to previously
intractable business processes. The Group operates in two
divisions, RTLS and Geospatial.
Through its RTLS division, Ubisense is a world leader in
real-time location solutions allowing companies to track assets
(such as tools, people and vehicles) within factories and other
indoor environments in real time in three dimensions. Ubisense's
end-to-end RTLS solutions provide dynamic and precise indoor
tracking of assets helping its clients, which are primarily in the
automotive, aerospace and transportation industries, to bring
visibility and control to business processes thereby helping to
lower costs and drive logistical efficiencies. The Geospatial
division uses Ubisense's expertise in location solutions to help
large infrastructure companies, such as utilities and telecom
companies, to map, plan, manage and optimise their networks across
large geographic areas.
Ubisense is headquartered in Cambridge, UK and has offices in
the USA; Canada; France; Germany; Singapore and Korea. For more
information please visit: www.ubisense.net
This information is provided by RNS
The company news service from the London Stock Exchange
END
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