01 aug 25   windar photonics plc - agm statement windar photonics plc | wpho | 57.0 0 0.0% | mkt cap: 54.9m    rns number : 5051t windar photonics plc 01 august 2025   1 august 2025 ("windar" or the "company") agm statement and directorate change   windar photonics plc (aim:wpho), the technology group that has developed a lidar assisted monitoring and optimisation solution across multiple wind turbine platforms, is holding its annual general meeting ("agm") today at 10.00 a.m. at which the chairman david lis will read the following statement: "as recently stated in our fy results announcement in july, windar is in a strong position, supported by a solid forward orderbook and a growing pipeline of opportunities and as a result is well placed to deliver a significant increase in revenues during 2025 compared to 2024. furthermore, utilising our strong cash position, we are investing in developing our team, our manufacturing footprint and technologies so we can best deliver on our growth potential. in north america, the outlook is positive, backed by an increased number of customer interactions which were further enhanced by our successful cleanpower exhibition in may 2025. we are targeting closing 1-3 major contracts in the second half of 2025. in asia (outside china), we have seen increased activity especially in japan and australia. beside several test projects - some already in progress - our target is to close 1 full farm rollout in the region in the second half of 2025. in china, the operating environment has been challenging, nevertheless we have made direct sales approaches to specific ipps, and we are expecting to see some uptake in activity in the second half of 2025. as part of scaling the business we have completed the relocation of our main production and r&d facilities to a new larger site in ishoj, denmark, which will enable a quintupling of production capacity. in addition, we are close to signing a senior sales director in both north america and europe." directorate change the company also today announces that non-executive director, andy richardson will be stepping down from the board at the conclusion of the agm. david lis, non-executive chairman, commented, "on behalf of the board, i would like to thank andy for his excellent contribution to developing the business and wish him well for all his future endeavours."     for further information, please contact:   windar photonics plc  jørgen korsgaard jensen, ceo tel: +45 24234930 gavin manson, director       grant thornton uk llp - nominated adviser   philip secrett / harrison clarke / elliot peters tel: +44 (0) 20 7383 5100     dowgate capital - broker  james serjeant / russell cook tel: +44 (0) 20 3903 7715   novella communications tel: +44 (0) 20 3151 7008 tim robertson / safia colebrook    this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   agmsdmfafeiseiw return to news summary

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