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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Hardware & electrical equipment

Stadium Group surges as order book rises

The company will be giving a presentation to investors today, highlighting - among other things - the opportunity presented by the growing single board computing market.

Shares in Stadium Group plc (LON:SDM) were on a surge in early deals after the electronics firm reported a healthy rise in its order book.

Ahead of a presentation to investors this afternoon, the supplier of connectivity solutions, power supplies, human machine interface products and electronic assemblies said the order book now stood at more than £28mln, up from £25.8mln at the end of 2016.

The shares shot up to 119p on the news from last night's close of 114p.

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READ the Stadium investment case

The board said Stadium had traded in line with expectations in the first quarter.

It remains confident the company's offering of complementary electronic technologies and specialist design-focused engineering expertise continues to be attractive to customers.

The growing demand already seen in the first quarter is expected to continue, further underpinning 2017 expectations, the company said.

The presentation slides and recorded audio from the investor presentation will be available on the Stadium web site shortly after the event finishes.

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