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Advanced Power Components
- BY: Andrew Hore |
- POSTED: 17/10/2010 |
Electronic components distributor Advanced Power Components says that revenues and profit for the year to August 2010 will be in line with expectations.
Analysts forecast a profit of £200,000 for the year.
APC has generated more than £750,000 from operations thanks to a reduction in working capital requirements.
There will be a restatement of the previous year’s stock figure which will reduce it by £261,000. This does not hurt last year’s figures.
Full year figures will be published in early December.
Orders continue to come in at a healthy level.
At 13.25p a share, APC is valued at £3.33m.
Download the October edition of AIM Journal at http://www.hubinvest.com/AIMPDFOctober2010_13.pdf
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