CTFA Cientifica

TIDMAVIA

RNS Number : 9687Y

Avia Health Informatics PLC

01 March 2013

Avia Health Informatics Plc

("Avia" or "the Company")

Trading update

Further to the update announcement by the Company on 24 January 2013, the Directors of Avia have provided an update on current trading.

Whilst trading continues to remain challenging, the Directors announce that performance in January 2013 was ahead of their expectations and that the Company traded at profitability. Unfortunately, sales in February 2013 were behind the Directors' expectations due to ordering delays within the NHS, the Company's principal customer. However, the Directors anticipate that these sales will be received during March and will contribute to the Company's results to 31 March 2013. Notwithstanding this, the Directors anticipate that the results for the year ended 31 March 2013 will be somewhat behind their earlier expectations.

The Company's cash flow continues to be tight and the Company remains in discussions with its principal creditor in relation to the deferral of amounts owed. This creditor has, to date, adopted a flexible and supportive approach.

1 March 2013

Enquiries:

 
                                             +44 (0) 1494 618 
 Avia Health Informatics Plc                  503 
 Roger Lane-Smith, Non-Executive Chairman 
  Jeremy Dale, Chief Executive 
 Allenby Capital (Nominated Adviser and 
  Broker)                                    +44 (0) 20 3328 5656 
 Nick Naylor 
  Mark Connelly 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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