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Trackwise Designs, a provider of specialist products using printed circuit technology, posted a first-half loss and warned of a 'material' fall in full-year revenue and operating profit.
Pre-tax losses for the six months through June amounted to £87k, compared to losses of £71k on-year.
Revenue fell 16% to £1.55m.
'Market conditions have not improved since the half year and the board now anticipates a material reduction in revenue and operating profit for the year in comparison to market expectations,' Trackwise said.
At 9:43am: (LON:TWD) Trackwise Designs Plc Ord 4p share price was -45p at 82.5p