Technology business Vislink said its order intake for the first quarter was in line with the previous year, according to a trading update Tuesday.
The supplier of wireless communication products to broadcast and surveillance markets said orders amounted to £13.3m, compared to last year's £13.4m, and down 2.0% on a constant currency basis.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Vislink also received orders for its LiveGear cellular transmitter following an exhibition of its range of products at the National Association of Broadcasters conference in Las Vegas in April.
The company said it aims to achieve profitable growth of £80m of annualised revenue by the end of 2014 with a 10% increase in operating profit.
Shares fell 2.05% to 29.88p at 09:51 Tuesday.
RD
-
Lasting power of attorney rejections soar 200% costing families £5 million – how to get it rightReasons for lasting power of attorney applications being rejected include human error but can also be due to the inconsistent views of those reviewing the application.
-
UK inflation live: did UK inflation peak in September?Today's ONS inflation data release marks a key test of the Bank of England’s predictions for the course of inflation in the UK.
