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(Sharecast News) - Synectics said on Thursday that it was on track to deliver a jump in full-year profits, on the back of strong demand for its security and surveillance products.
Updating on full-year trading, the AIM-listed security specialist said revenues were on track to come in at £67m in the year to 30 November, up on 2024's £55.8m.
Pre-tax profits excluding a share-based payment charge were forecast to rise to £5.7m from £4.7m a year previously.
Synectics said: "Progress has been positive in the year to date, securing extensions and repeat orders with both new and existing long-term customers across a variety of sectors and geographies, in addition to successfully delivering a significant, non-recurring gaming contract in south east Asia."
Looking ahead to the 2026 full year, the Sheffield-based firm added that it was continuing to build a "solid" order book with good visibility on its new business pipeline.
As at 0830 BST, shares in Synectics were up 1% at 285.11p.
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