- SRT Marine Systems said it expected to swing to an annual profit amid a large rise in revenue.

Pre-tax profit for the year through March was expected at £3.0m, on revenue of around £20.0m, the company said

Last year, the company reported a pre-tax loss of £5.8m on-year, on revenue of £5.3m.

'This excellent result is the product of many years investment which has seen SRT become an established player in the global maritime domain awareness market,' chief executive Simon Tucker said.

At 8:35am: [LON:SRT] SRT Marine Systems Plc share price was +3.25p at 33.5p

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