Source - SMW
Spectra Systems, a provider of machine-readable high-speed banknote authentication and brand protection technologies, expects its profits for 2017 will exceed market expectations.

It comes after its licensee confirmed the royalty component of its payments for covert materials supplied to 18 central banks will be higher than previously expected for 2017.

Dr. Nabil Lawandy, chief executive officer, said: "We are delighted to have received this news from our licensee for covert materials supplied to 18 central banks which is expected to result in our profits for 2017 exceeding expectations."


At 8:22am: (LON:SPSY) Spectra Systems Corporation share price was +10p at 113.5p



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Spectra Systems Corporation (SPSY)

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