Synectics PLC - Sheffield, England-based security and surveillance systems firm - Says trading for the financial year ending November 30 remains comfortably in line with market expectations amid a ‘strong’ cash position. Further, Synectics expects a ‘more evenly weighted’ performance in financial 2024 rather than being weighted to the second half as it had expected in previous years. The company will release its half-year results on July 9. In February, Synectics said that the outlook for new on-vehicle systems contracts for financial 2024 looked promising, adding that it was confident in its medium-term outlook.

Current stock price: 175.20 pence each, down 5.3% on Tuesday afternoon in London

12-month change: up 63%

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