Quixant PLC Trading Update and Notice of Results (2680V)
January 27 2017 - 2:00AM
UK Regulatory
TIDMQXT
RNS Number : 2680V
Quixant PLC
27 January 2017
27 January 2017
Quixant plc
("Quixant" or the "Group")
Trading Update and Notice of Results
Quixant (AIM: QXT), a leading provider of innovative, highly
engineered technology products principally to the global gaming
industry, is pleased to provide the following update on trading for
the year ended 31 December 2016.
Quixant confirms that trading for the twelve months is expected
to be in line with current market expectations.
Nick Jarmany, CEO of Quixant, commented: "We have had an
outstanding year enjoying strong growth across all of our product
ranges. Sales of our core gaming platforms continued to build
through the year, resulting in record sales, and demand for gaming
monitors exceeded our expectations. Densitron continued to perform
extremely well during the year.
I am very pleased with growth in customer numbers including the
largest global manufacturers for our gaming platforms which gives
us confidence that we can continue to grow sales in the long term.
The Group has started 2017 well with continued growth."
The Company's results for the full year to 31 December 2016 are
expected to be announced on 22 March.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of Regulation
596/2014.
For further information please contact:
Quixant plc Tel: +44 (0)1223
892 696
Nick Jarmany, Chief Executive
Jon Jayal, Chief Operating
Officer
Nominated Adviser and Broker:
finnCap Ltd Tel: +44(0)20
7220 0500
Matt Goode / Grant Bergman
/ Simon Hicks (Corporate
Finance)
Simon Johnson / Alice Lane
(Corporate Broking)
Financial PR: Tel: +44(0)20
8004 4218
Alma PR
John Coles
Hilary Buchanan
About Quixant
Quixant, founded in 2005, designs and manufactures highly
optimised computing solutions and monitors principally for the
global gaming industry. The Company is headquartered in Cambridge
in the UK where the global sales function is based. North America
sales and sales support is run from their subsidiary in Las Vegas.
Quixant has its own manufacturing and engineering operation based
in Taiwan and software engineering and customer support team based
in Italy.
In November 2015 Quixant acquired Densitron Technologies plc.
Densitron has a strong heritage in the sale of electronic display
solutions to global industrial markets. Through Densitron's
experienced sales team, Quixant has a robust platform to build its
business into wider industrial markets. In-depth information on the
Company's products, markets, activities and history can be found on
the corporate website at www.quixant.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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