Stadium Group says trading is in line thanks to strong momentum

3rd Jul 2015 16:44

Stadium Group, an electronics technology company, said it is trading in line with expectations.In an update on Friday, the group added its trading during the six months ended 30 June, 2015 was ahead of same time last year thanks to strong momentum.Looking ahead, Stadium expects further growth in its technology products division during the second half.The relocation of its facility in China is on track to be completed this month and the group increased its working capital to ensure its levels of customer service are maintained during the process.N+1 Singer analysts said: "The vision of an integrated hi-tech product offering supported by an upgraded iEMS division is becoming a reality and the solid H1 update confirms ongoing progress."We continue to feel that coming years should be exciting."The company's shares were trading up 2.2% to 112.42p on Friday.