17 January 2019

Concurrent Technologies Plc

(the ‘Company’)

 

Post-Close Trading Update

Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, announces a trading update for the year ending 31 December 2018.

Based on its unaudited management accounts for 2018, the Company confirms that it expects to report revenues in line with market expectations and profits before tax of not less than £2.8 million.

Concurrent Technologies Plc also expects to continue the practice of paying a further interim dividend to shareholders and to pay this on or before 5th April 2019.

Enquiries:

Concurrent Technologies PLC
Michael Collins, Chairman- +44 (0)1206 752626
Newgate (Financial PR)
Bob Huxford – +44 (0)20 7653 9848
Imogen Humphreys – +44 (0)20 7653 9840
Cenkos Securities Plc (NOMAD)
Neil Mcdonald – +44 (0)131 220 9771
Beth Mckiernan – +44 (0)131 220 9778

 

Note to Editors:

About Concurrent Technologies Plc

Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest 8th generation Intel® Core™ processors, Intel® Xeon® and Intel® Atom™ processors.  The products are designed to be compliant with industry specifications and support many of today’s leading embedded Operating Systems.  The products are sold world-wide.

For more information on Concurrent Technologies Plc and its products please visit www.gocct.com.

All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.