SEPURA LANDS €1M FAR EAST DEAL
Sepura said it had a strong pipeline of further commercial opportunities, and had also secured orders for ATEX radios from the public safety market.
A convergence play by Cambridge UK digital radio technology company Sepura has paid handsome dividends with a landmark Far East deal.
As part of CEO Gordon Watling’s global growth strategy, the company has bedded in recently-acquired 3T Communications so successfully that it has secured its first combined contract, worth over €1m (£785k) from a Far East transport customer.
Watling said that market feedback on the combination of Sepura terminals and 3T infrastructure had been very encouraging.
Sepura is a leading global provider of TETRA digital radio communications solutions and in March was named Business Weekly’s International Trade champion.
In a trading update ahead of today’s AGM, the board confirmed that trading for the first quarter of the financial year had been in line with expectations.
Demand from the commercial sector continued to be resilient, as demonstrated by an order for 1,800 ATEX radios from a single customer in the oil & gas sector.
Sepura said it had a strong pipeline of further commercial opportunities, and had also secured orders for ATEX radios from the public safety market. The company has also received expected orders from both UK police customers and new users in Germany.
The company, which is now posting its results in euros, expects to report its interims for the six months to September 28 on November 22.
Source: Businessweekly.com
