AFRN Aferian Plc

TIDMAMO

RNS Number : 0469M

Amino Technologies PLC

10 October 2016

10 October 2016

AMINO TECHNOLOGIES PLC

("Amino", the "Company" or the "Group")

Trading Update

Capital Markets Day - Monday 31 October 2016

Amino Technologies plc (LSE: AMO), the Cambridge-based provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, provides an update on current trading for the ten months to the end of September 2016.

The Board is pleased to announce that the Group is trading ahead of expectations driven by record orders in August coupled with currently favourable foreign exchange effects. In addition, the strength of the current order book gives management confidence in continued growth for the year ahead.

The Board expects revenue for the full year ending 30 November 2016 to be slightly ahead of current market expectations; and full year adjusted EBITDA and adjusted profit before tax to be ahead of current market expectations.

A Capital Markets Day for analysts and institutional investors is to be held in London in the afternoon on Monday 31 October 2016. Presentations will be made by Amino management and will be made available on the Company's website.

If you would like to attend please contact scamino@fticonsulting.com

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

For further information please contact:

 
Amino Technologies PLC                                           +44 (0)1954 234100 
Donald McGarva, Chief Executive Officer 
Mark Carlisle, Chief Financial Officer 
 
finnCap Ltd (NOMAD and Joint Broker)                             +44 (0)20 7220 0500 
Matt Goode / Carl Holmes /Simon Hicks (Corporate Finance) 
 Simon Johnson / Tim Redfern (Corporate Broking) 
 
Canaccord Genuity Limited (Joint Broker and Financial Adviser)   +44 (0)20 7523 8000 
Simon Bridges / James Craven / Emma Gabriel 
 
FTI Consulting LLP (Financial PR)                                +44 (0)20 3727 1000 
Chris Lane / Alex Le May / Darius Alexander 
 

About Amino Technologies plc

Amino Technologies plc specialises in the development and delivery of IPTV/OTT solutions. With over seven million devices sold to 1,000 customers in 100 countries, Amino's award-winning solutions are deployed by major network operators and service providers worldwide. Amino Technologies plc is headquartered near Cambridge, in the UK, and is listed on the AIM market of the London Stock Exchange (AIM: symbol AMO). www.aminocom.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCBLBDGLXGBGLR

(END) Dow Jones Newswires

October 10, 2016 02:00 ET (06:00 GMT)

Aferian (LSE:AFRN)
Historical Stock Chart
From Mar 2024 to Apr 2024

Aferian (LSE:AFRN)
Historical Stock Chart
From Apr 2023 to Apr 2024