- Specialist contractor Ultra Electronics Holdings said it was continuing to see 'positive developments' in its order book and continued to trade in line with its expectations.

'The group's new 'focus, fix, grow' initiative and move to average working capital throughout the year is producing positive early results,' chairman Tony Rice told said in speech notes for the company's annual general meeting.

'The board remains confident that 2019 will be a year of good underlying progress.'

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