CyanConnode Holdings PLC Trading Update and Notice of Results (8322V)
April 11 2019 - 2:01AM
UK Regulatory
TIDMCYAN
RNS Number : 8322V
CyanConnode Holdings PLC
11 April 2019
11 April 2019
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Trading Update and Notice of Results
CyanConnode Holdings plc (AIM: CYAN), a global leader in
Narrowband Radio Frequency (RF) Smart Mesh Networks for smart city
solutions, advises that it will be announcing its financial results
for the year ended 31 December 2018, on Wednesday, 8 May 2019. As
reported on 17 January 2019, the Company's 2018 financial results
revenues will significantly exceed FY 2017. CyanConnode also
confirms that trading for the first three months in 2019 has been
performing well and is in line with market expectations.
John Cronin, Executive Chairman, commented:
"We are pleased to report that trading for the first quarter of
2019 has met CyanConnode's market expectations. In addition, the
Board believes it has sufficient funds to execute its business plan
for 2019 and reach cashflow breakeven. CyanConnode is expecting a
positive second half of 2019 in its key markets including India,
China and the rest of world for its pioneering smart city
technology solutions."
- Ends -
Enquiries:
CyanConnode Holdings plc
John Cronin, Executive Chairman Tel: +44 (0) 1223 225 060
Yellow Jersey PR (Financial PR) Tel: +44 (0) 20 3004 9512
Felicity Winkles / Sarah Hollins/ Annabel Atkins
cyanconnode@yellowjerseypr.com
Arden Partners plc (Nomad and Broker)
Paul Shackleton / Dan Gee-Summons (Corporate Finance) Tel: +44 (0) 20 7614 5900
Simon Johnson (Corporate Broking)
About CyanConnode
CyanConnode is a world leader in Narrowband Radio Frequency (RF)
Smart Mesh Networks that facilitate machine to machine (M2M)
communication. CyanConnode's innovative network technology, which
is self-forming and self-healing, uses the Licence Free Industrial,
Scientific and Medical Radio Band which is optimised to give
exceptional performance and competitive total cost of ownership.
Through global partnerships, CyanConnode provides customers with
solutions for the rapid deployment of build-as-you-go Narrowband RF
Smart Mesh Networks, that provide reliable and secure citywide or
countrywide M2M communication.
For more information, please visit www.cyanconnode.com
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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