Belgravium Technologies, which supplies mobile data computing solutions and managed services to a variety of industrial sectors, has warned that delayed contract orders - which were expected to be received by now - have been further delayed as a result the group's sales and profit levels for the year are likely to be below market expectation.
The reason for the delays is that customers have proved reluctant to commit to the necessary expenditure, although the company had expected the second half of 2012 to demonstrate normally much stronger period of trading.
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