ADA 5.05% 47.0¢ adacel technologies limited

Correct, see below update in May. Adacel Announces Strong Orders...

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    Correct, see below update in May.

    Adacel Announces Strong Orders Performance Adacel Technologies Limited (Adacel or the Company) is pleased to announce that it has secured new, renewal and expanded orders during the month of April valued at in excess of A$13.0 million. More than two-thirds of these opportunities, a number of which are multi-year, relate to service, support and technology upgrades for existing customers of the Company’s training simulator and air traffic management products. These orders add to a solid foundation for the Company’s earnings outlook and the order book for 2017 and beyond. A number of these orders will also be delivered in the fourth quarter of the financial year and further confirm the Company’s earnings guidance for profit before tax being 70% above the prior year.
 
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