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Archive Electronics Archive Centurion bounces back with Honda contract win
Archive Electronics Archive Centurion bounces back with Honda contract win | Centurion bounces back with Honda contract win |
| Written by Business Weekly | |
| Wednesday, 11 April 2007 | |
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Following a profit warning issued earlier this year, automotive entertainment specialist, Centurion has announced a contract win with Honda to supply its in-car entertainment (ICE) system as an option for the new CR-V that has seen a ten per cent surge on its share price.
Launched across Europe, the initial supply of the new modular ICE system will be offered as an option on the the new Honda CR-V, with production expected to start in the fourth quarter of 2007. The firm said it expects the deal, financial details of which were not given, to be reflected in its trading performance in the year ending September 2008. Centurion's share price shot up by over ten per cent, gaining 1.5p to 15.5p. |
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