Digital Barriers plc Trading Update (1837L)

TIDMDGB

RNS Number : 1837L

Digital Barriers plc

24 April 2015

Digital Barriers plc

("Digital Barriers")

Trading Update

The Board of Directors (the "Board") of Digital Barriers (AIM: DGB) (the "Group"), the specialist provider of advanced surveillance technologies to the security and defence sectors, reconfirms its view of trading for the financial year ended 31 March 2015.

Trading

Group trading performance has evolved in line with the guidance given on 26 February 2015. The Group continues to expect to report revenues for the year ended 31 March 2015 that are modestly ahead of the prior year (FY14: GBP19.0m) and expects losses for the year to show a year-on-year improvement (FY14: Adjusted loss before tax* GBP12.0M).

Cash at the year-end was ahead of February expectations at GBP8.7m.

All figures are subject to audit.

* As shown in the Consolidated Income Statement

 
 For further information, 
  please contact: 
 
 Digital Barriers plc              Tel: 020 7940 4740 
 Zak Doffman, Chief Executive 
  Officer 
 Sharon Cooper, Finance Director 
 
 Investec Investment Banking       Tel: 020 7597 5970 
 Andrew Pinder / Dominic 
  Emery 
 
 
 FTI Consulting                    Tel: 020 3727 1000 
 Edward Bridges/ Matt Dixon/ 
  Rob Mindell

Ends

About Digital Barriers

Digital Barriers provides advanced surveillance technologies to the international homeland security and defence markets, specialising in 'edge-intelligent' solutions that are designed for remote, hostile or complex operating environments. We work with governments, multinational corporations and system integrators in the defence, law enforcement, critical infrastructure, transportation and natural resources sectors. Our surveillance technologies have been successfully proven on some of the most demanding operational and environmental deployments around the world.

www.digitalbarriers.com

This information is provided by RNS

The company news service from the London Stock Exchange

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