StockMarketWire.com - Holders Technology full-year revenues will be in line with market expectations but pre-tax profits will be below forecasts.

It said trading in the PCB related sector of its business, representing 90% of group turnover, is in line with expectations.

But it expects its new LED activities, while showing strong sales growth as compared to the preceding year, will fall short of the levels that are required fully to offset the increase in costs incurred to expand sales activity across Europe.

Taken together these factors are expected to result in a position whereby overall group Revenues for the current year will show strong growth but with a shortfall in the previously anticipated level of group profitability.

The company expects to announce its results for the year to the end of November in February.




At 8:03am: [LON:HDT] Holders Technology share price was -4.5p at 119.5p



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