UBI Ubisense

TIDMUBI

RNS Number : 1067Y

Ubisense Group PLC

21 January 2014

21 January 2014

Ubisense Group plc

Trading Update

Cambridge, UK - Ubisense Group plc ("Ubisense" or the "Company") (AIM: UBI), a market leader in real time location intelligence solutions, provides the following update on trading performance for the full year to 31 December 2013.

The Group continued to display considerable momentum in the second half with its converged technology offering, leading to significant contract wins during the period, and expects to deliver results in line with the Board's expectations. The Group achieved record orders for the year totalling GBP32 million, up 30% on the prior year.

Following the Group's acquisition of the Geoplan Group in December last year, the integration is progressing smoothly and the enlarged business has experienced solid early sales engagements with major industrial groups in Japan and Korea.

The Group had cash, deposits and securities of GBP3.8m and bank debt of GBP3.5m at 31 December 2013.

The Group expects to report its final results for the full year ended 31 December 2013 on 25 March 2014.

-ENDS-

 
 Contact: 
 
 Ubisense Group                      Tel: +44 (0) 1223 535170 
 Richard Green 
 Gordon Campbell 
 
 Canaccord Genuity Limited (NOMAD)   Tel: +44 (0) 20 7523 8000 
 Simon Bridges 
 Lucy Tilley 
 
 FTI Consulting                      Tel: +44 (0) 20 7831 3113 
 Jon Snowball 
  Tracey Bowditch 
 
 

About Ubisense

Ubisense is a market leader in real time location intelligence solutions which enable companies to optimise their business processes. By keeping track of key assets, Ubisense solutions bring clarity to complex operations whilst also improving quality and reliability. Ubisense Real-Time Location Intelligence Solutions are used by a number of blue chip customers across the world, such as AGCO, Airbus, Aston Martin, BMW, Cablevision, Daimler, Deutsche Telekom, Duke Energy, John Deere, MINI and VW.

Ubisense is headquartered in Cambridge, UK, with offices in the USA; Canada; France; Germany; Japan; Korea and Singapore. For more information visit: http://www.ubisense.net

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTQKKDNFBKDQDB

Ubisense (LSE:UBI)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024

Ubisense (LSE:UBI)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024