Andor Technology's trading through the second half of the year has continued to be strong, with each of its markets delivering "excellent" growth over the same period last year, the firm said.

Speaking in a report to announce the launch of the Andor acceleration centre, the scientific digital camera manufacturer emphasised its strong revenues and robust performance.

"Our systems business continues to perform extremely well and we now expect sales in this division for the full year to be double those of last year," the group said. "This success is driven by continued product investment in hardware and software, expansion of the sales channels and the hard work of our systems team.

"The global economic climate remains challenging. It is therefore especially important to ensure our products are innovative and address fast-growing, well-funded applications."

The group's new acceleration centre, Certus, represents a £1m incremental investment in research and development resources with the dual aims of bringing additional products to the market which are currently outside the firm's standard technology roadmap and delivering those products to market in a faster timeframe than would normally be achievable.

The group expects that acceleration will be achieved by isolation, increased working hours and each project being fully resourced from launch and plans to use Certus for high impact strategic products.

The share price fell 7.66% to 530.5p by 14:59.

NR

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