Live Breaking News & Updates on James Robinson Richard Perelman
Stay updated with breaking news from James robinson richard perelman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Investegate |Ultra Electronics Announcements | Ultra Electronics: Possible offer and extension of PUSU deadline investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Simon Pryce, Chief Executive, commented: We are today publishing our interim results early to provide shareholders with details of our stronger than anticipated first half performance and excellent strategic progress.
As flagged in our 5 July trading update, demand in our core defence & critical detection markets have remained robust. This together with our focused strategy and technology investment is driving expansion in our £12bn sales pipeline (8), and further growth in our order book which, at £1.3bn, is a record for Ultra.
We delivered good underlying revenue growth in the period and operational performance was strong, despite the mainly Covid-19 driven operational inefficiencies in Maritime which have now been broadly resolved. Our Focus; Fix; Grow transformation programme is already delivering ahead of plan and we are now more confident in our improvement potential with a bette ....
The person responsible for arranging the release of this announcement on behalf of Ultra is Louise Ruppel, General Counsel & Company Secretary.
Disclaimer J.P. Morgan Securities plc, which conducts its UK investment banking business as J.P. Morgan Cazenove ( J.P. Morgan Cazenove ), is authorised in the United Kingdom by the Prudential Regulation Authority (the PRA ) and regulated in the United Kingdom by the PRA and the Financial Conduct Authority. J.P. Morgan Cazenove is acting as financial adviser exclusively for Ultra and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than Ultra for providing the protections afforded to clients of J.P. Morgan Cazenove or its affiliates, nor for providing advice in relation to any matter referred to herein. ....