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e2v Technologies To Meet Its Full-Year Profit Expectations

Tue, 15th Apr 2014 08:00

LONDON (Alliance News) - e2v technologies PLC said Tuesday that it expects to report profits in line with its forecasts for the year ended March 2014, and see a return to revenue growth.

The high performance systems technology company said it had a "robust" financial position, with net cash as at March 31 of GBP1 million compared to net borrowings of GBP10 million in the previous year.

e2v will announce its full-year results May 19.

Shares in e2v were trading up 1.7% at 163.00 pence Tuesday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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