CML Microsystems Plc
Trading update
CML Microsystems Plc, ("the Group"), which designs, manufactures and markets a broad range of semiconductors, primarily for global communication and data storage markets, is pleased to provide the following update in respect of its trading for the year ended 31 March 2013.
Unaudited figures indicate that revenues for the year will be ahead of market guidance at just over £25m. Profit before tax is expected to be circa £5m and cash generation has been healthy resulting in net cash of £8.9m at 31 March 2013, both ahead of market expectations.
The Company will announce its full year preliminary results on Tuesday, 11 June 2013