Synectics (LSE:SNX), the AIM-listed security and surveillance technology group, said on Tuesday that revenue for the year ending 30 November is expected to be in line with current market expectations.
Adjusted EBITDA is expected to come in at the top end of the previously communicated range of £3.7m to £4.1m, the company said.
Synectics attributed the performance to stronger margins and a resilient diversified business, alongside early benefits from changes made under its "5P" strategy, which covers simplifying product deployment, strengthening partner account management and tightening commercial discipline.
The company flagged that uncertainty over the timing of Energy-market opportunities, particularly in the Middle East, previously raised at its interim results in August, has not been resolved: those opportunities remain active but are now expected to extend into FY27, with Synectics continuing to hold a significant pipeline in the sector.
"We are pleased to announce expected adjusted EBITDA at the top end of the range communicated at our interim results, particularly given that some of the Energy opportunities we had expected to contribute in FY26 are now moving into the new financial year," said chief executive Amanda Larnder.
Synectics said it continues to embed the commercial, product and operational capabilities it believes are needed to support more scalable, sustainable growth.
Larnder said the group enters FY27 "with a significant Energy pipeline alongside growing opportunities across the wider critical security markets we serve," with focus on converting that pipeline and increasing the pace of execution.