- Expansion plans continue with appointment of Sales Manager in Poland
- Cash position of $10.9 million with no debt
Future Fibre Technologies Limited (ASX: FFT), a global leader in fibre optic intrusion detection systems, today released its Appendix 4C for the quarter and year ended 30 September 2016.
FFT Chief Executive Rob Broomfield said: “During the quarter we were pleased with our progress towards our long term growth plans. Mark Horton is making good progress with the implementation of FFT’s sales strategy, and I’m pleased to announce further expansion of our sales team across Europe from earlier this month.”
“We finished the quarter with $10.9m cash at bank to finance our growth and working capital requirements. We were pleased that the operating cash flows for the quarter were in line with our expectations.”
FFT is a leading developer and manufacturer of fibre optic perimeter intrusion detection security systems. Deployed by some of the most security conscious industrial, military and government organisations in the world, FFT’s advanced security systems:
- detect and locate perimeter intrusions;
- identify third-party interference on oil and gas pipelines; and
- protect sensitive data network communications cables.
With over 1,000 systems installed in more than 55 countries, FFT has established a solid reputation for delivering highly intelligent, reliable, and award winning intrusion detection solutions. www.fftsecurity.com
Click here to download FFT’s Appendix 4C