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Redstoneconnect PLC Trading Update

Redstoneconnect PLC (LON:REDS), a leading provider of technology and services for smart buildings and commercial spaces, today provided the following update for the year ended 31 January 2018.

The Company expects to report revenues of over £47 million, adjusted EBITDA* of approximately £3.2 million, and adjusted profit before tax** of approximately £2.4 million in line with market expectations.

The Company expects to announce its final results for the year ended 31 January 2018 by the end of May 2018.

* profit for the period before net finance costs, tax, depreciation, amortisation, integration costs and transactional items and share based payments.

**adjusted profit before tax is before: integration and transactional items, share based payment charge and amortisation recognised as a result of purchase price allocation under IFRS.

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