Trading Update & AGM
SCISYS PLC ("SCISYS" or the "Group" ), the supplier of bespoke software systems, IT-based solutions and support services to the Media & Broadcast, Space, Government, Defence and Commercial sectors, is pleased to release the following trading statement, which will be read out at its AGM to be held at noon today:
SCISYS can report that it has made an impressive start to 2018, delivering on contracts that formed part of its record opening order book, winning notable new contracts and generating strong cash flow. As signalled at the time of announcement of the 2017 results, our financial performance for 2018 is expected to be more evenly balanced between the two halves of the year than in 2017, where results were skewed greatly towards the second half. All divisions continue to grow their teams on the strength of their pipelines of new business opportunities.
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