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Synnovia PLC

Annual Financial Report

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RNS Number : 3935I
Synnovia PLC
08 August 2019
 

 

8th August 2019

 

 

Synnovia plc

("Synnovia" or the "Group")

 

 

Annual Accounts and Annual General Meeting

 

 

Synnovia plc (AIM: SYN) the specialist manufacturer, announces that the annual report and accounts for the financial year ended 31 March 2019 were posted to shareholders today on Thursday 8th August.  An electronic copy of this document is available from the Company's website www.synnovia.com and is also available at the registered office of the Company.

 

Shareholders will also receive a notice of the annual general meeting of the Company which will be held at the offices of Synnovia, London Heliport, Bridges Court Road, London, SW11 3BE on 2nd September 2019 at 14.00.

 



 

For further information, please contact:

 

Synnovia plc

Tel: 020 7978 0574

Faisal Rahmatallah, Chairman


Nick Ball, Finance Director




Cenkos Securities

Tel: 020 7397 8900

(Nomad and joint broker)


Mark Connelly


Callum Davidson




Allenby Capital Limited

Tel: 020 3328 5656

(Joint broker)


David Hart






 

Notes to Editors

Synnovia is a specialist manufacturer of industrial components and consumables.  Applications for these products vary widely and examples include:

·    Packaging for the food manufacturing and distribution - films, sacks and pouches

·    Steering columns and instrument control knobs in the automotive industry - plastic ball bearings

·    Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel

·    Cardboard box manufacture - creasing matrices

 

Synnovia's business model is based on understanding customers' problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.

 

The business operates through two divisions, Films and Industrial, and has the majority of its production in six UK based factories, with a further two factories in Asia.  Approximately 50% of its £82 million sales are made outside the UK to more than 80 countries.

 

Further information can be found on www.synnovia.com


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Price: £1.24

Market: LSE
Market Cap: £48.16 m
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