Belgravium Technologies PLC provided earnings guidance for the second half of 2014. For the period, the second half of the year is proving stronger than the first half. Revenues will have increased in the second half and are currently expected to be around 8%, higher for the full year.

Pre-tax profits have also been stronger in the second half with the full year expected to be around 50%, higher than last year's profit of £336,000 before exceptionals. This outcome for the year, which is below market expectations, has been affected by a material contract which had been expected to have been confirmed and delivered prior to the year-end. This contract award however, has been deferred and is now expected to fall in the first half of next year.

If the contract had fallen in the current year, the result of the year would have been in line with market expectations.