Concurrent Technologies says 2013 in line with forecasts

27th Dec 2013 12:59

Concurrent Technologies, the AIM-listed computer products group, pushed its share price higher on Friday by saying that results for 2013 will be broadly in line with expectations.The firm, which has a market capitalisation of around £26.7m, makes products for the defence, aerospace, transport, scientific, telecoms and industrial markets.For some of its products, the firm has to apply for and be granted export licences before it can export to some countries.The UK government is still reviewing the requirements for Concurrent's export licences but "is hopeful that it will be able to provide a more acceptable procedure in the New Year", the company said.The share price was up 2.44% at 37.39p by 12:34.BC