TIDMZYT

RNS Number : 4618D

Zytronic PLC

03 March 2022

3 March 2022

Zytronic plc

("Zytronic" or the "Company")

AGM Trading Update

Zytronic, a leading specialist manufacturer of touch sensors, provides the following trading update ahead of the AGM being held at 9.30 a.m. today.

The first five months of this financial year have seen a continuing and significant improvement compared to the same period last year, principally driven by the Gaming sector. Revenues for the first five months are approximately 25% ahead year-on-year and we are maintaining operating margins at the improved levels of last year. The order book is 45% ahead of the same period last year, partly benefitting from some advance orders which improves visibility for the coming months and allows us to plan for any of the well-publicised electronic component supply issues.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).

 
 
 
 
 
 
 
 
 
    Enquiries: 
      Zytronic plc 
       Mark Cambridge, Chief Executive 
       Claire Smith, Group Finance Director        0191 414 5511 
      Singer Capital Markets 
       (Nominated Adviser and Broker) 
       Aubrey Powell, Rachel Hayes, Amanda Gray    020 7496 3000 
 
 
     About Zytronic 
 
     Zytronic is a world-renowned developer and manufacturer of a unique range 
     of internationally award winning optically transparent interactive touch 
     sensor overlay products for use with electronic displays in industrial, 
     self-service and public access equipment. 
     Zytronic's products employ a sensing solution that is readily configurable 
     and embedded in a laminate core that offers significant durability, environmental 
     stability and optical enhancement benefits to system designers specific 
     requirements. 
     Zytronic has continually developed process and technological know-how and 
     IP since the late 1990's around two sensing methodologies; the first being 
     single touch self-capacitive which Zytronic markets as PCT(TM) ("Projected 
     Capacitive Technology") and the second being multi-touch, multi-user mutual-capacitive 
     which Zytronic markets as MPCT(TM) ("Mutual Projected Capacitive Technology"), 
     in which Zytronic holds five granted patents. 
     Zytronic operates from a single site near Newcastle-upon-Tyne in the United 
     Kingdom. Zytronic is relatively unique in the touch eco-system as it offers 
     a complete one-stop solution from processing internally the form and factor 
     of the glass substrates, assembles their touch overlay products to customers 
     specific requirements, in environmentally controlled cleanrooms and develops 
     the bespoke firmware, software and electronic hardware to link the interactive 
     overlays to customer's integrated systems and products.

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March 03, 2022 02:00 ET (07:00 GMT)

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