Shares plummet at surveillance tech company after Brexit warning

Surveillance technology business Synectics has seen the value of its shares plummet after it blamed Brexit-related delays and deferrals for skewing its performance. The Studley-based company, which has a major systems division based in Sheffield, expects its full-year performance to meet expectations, but profits will be "substantially more weighted" to the second half of the year. Chairman David Coghlan said yesterday: “The second half weighting now envisaged has inevitably increased delivery timing risks." Investors' nerv... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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