Synectics plc (AIM:SNX) is looking for acquisitions. During investor presentation, Amanda Larnder, Chief Executive Officer, said "we continue to strengthen how we engage with our teams. We've recently launched an internal commerce platform and hosted our first U.K. wide Employee Summit. This was a really good event.
We were joined by some of our customers as well as the Chair of the Board for a good day there. And then we're also actively exploring strategic acquisition opportunities that could complement our technology road map and or our sector focus. This is at a very early stage, so there's nothing more to note on this at this time".
Chris Pennington, Interim Finance Director, said "We've noted that we are open to the right acquisition opportunities. And we're certainly starting some very early stage discussions to look at markets and where complementary acquisitions may sit looking further to report at this stage. And we will continue to look at capital allocation.
But really a key item on the agenda being the opportunities for organic growth and potentially inorganic growth. Nothing further to report on that front at this stage".
