Synectics plunges as it warns on results

AIM listed surveillance technology firm Synectics (LON:SNX) has seen its share price drop by 17.88% to 147p (as of 14:30 GMT) after it warned that results for the year ending 30th November would be materially below expectations. While areas of the business have performed well, the UK integration divisions have continued to struggle.

Management said that it had expected an improvement during the second half of the year, but this had not come to fruition and UK conditions remained extremely challenging.