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."
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