Sealand Capital Galaxy (LSE:SCGL) said on Tuesday it expects Group performance for the current financial year to remain in line with its expectations, in a trading update issued alongside its Annual General Meeting.
The London-listed group, which is expanding its technology capabilities across the Asia-Pacific region with a focus on AI-enabled solutions and infrastructure, said its balance sheet has strengthened and now provides a solid platform for delivery.
The Board said it was encouraged by progress made in the first half of the year and believes the Group is well positioned to execute its long-term strategy, while continuing to explore new commercial opportunities and partnerships.
It flagged the broader macroeconomic and geopolitical environment as a factor it continues to monitor, without citing specific risks to current trading.
Sealand said it looks forward to providing a further update alongside its half-year results to 30 June.
