Pre-close Trading Update
SCISYS PLC (AIM : SSY), ('SCISYS' or the 'Company') - the supplier of bespoke software systems, IT based solutions and support services to the Media Broadcast, Space, Government & Defence and Environment sectors is providing a trading update for the year ended 31 December 2012 prior to entering its close period.
The Directors are pleased to report that the Company performed in line with expectations in the second half of the year and expect to report adjusted EBITA for the year consistent with market expectations, showing further improvement in net operating margins. Cash inflows have remained strong and underpin the Company's progressive dividend policy. Although its markets remain difficult, the Company anticipates reporting a healthy opening order book and new business pipeline for 2013.