Cyan Holdings - Trading update 2016
CYAN
Wed, 06 Jul 2016, 07:30 BST
CyanConnode Holdings plc is listed on the AIM market in London and is based in Cambridge UK. The company has three wholly owned subsidiaries, CyanConnode Ltd (a company registered in England and Wales), CyanConnode Private Limited (a company registered in India), and Connode Holding AB (a company registered in Sweden). In addition, Connode Holding AB has one wholly owned subsidiary, Connode AB (a company registered in Sweden), which also has a wholly owned subsidiary, Connode India Private Limited (a company registered in India). The companies provide wireless communication technology for smart metering, lighting and the Internet of Things.
Industry: Telecommunications
Contact:
http://www.cyanconnode.com/
After the release of the trading update, John Cronin, Executive Chairman, provides shareholders with details on how Cyan's significant revenue increase was achieved as well as the company's outlook for the rest of the year and plans to integrate Connode into the existing business.