Mixed picture at Sepura
Paul Goodridge, Chief Financial Officer to leave the business
Sepura, a leading global provider of TETRA digital radios, has confirmed
that trading remains in line with market expectations and reiterates
guidance given at the recent preliminary results.
The trends apparent in the second half of the last financial year are
continuing, with solid demand from emerging markets and commercial
customers balanced by the continuing impact of the weak economies in
Southern Europe, lower cyclical demand in the UK and ongoing delays in
large scale terminal procurement in Germany due to slow infrastructure
roll-out as well as some budget pressures.
Paul Goodridge, Chief Financial Officer, has informed the Board that he
intends to leave the business to focus on developing a portfolio of
non-executive positions. The Board has begun the process of identifying
his successor, and he will remain with the company in order to assist
in the handover of his responsibilities.
Source: www.stockmarketwire.com
