Synectics plc reports its unaudited interim results for the six months ended 31 May 2023 (“H1 2023” or “the period”).
Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announces the award of a further contract, worth approximately £2.0 million, to supply specialist camera stations for Saudi Aramco’s Zuluf development programme.
Further to its announcement on 13 April 2023 of the award of a £3.5 million contract for the Process CCTV system for the Zuluf development programme, the Company, along with its integration partner 3W Networks, has now been contracted to provide the related Security CCTV system.
A significant proportion of this additional contract is expected to be delivered by the end of the Company’s financial year ended 30 November 2023, with the balance early in the following year.
For further information, please contact:
Paul Webb, Chief Executive Officer
Amanda Larnder, Chief Financial Officer
Tel: +44 (0) 114 280 2828
Tom Griffiths / David Coaten
Tel: +44 (0) 20 7408 4090