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Kromek flags final results in line with expectations

Fri, 28th Apr 2017 10:38


(ShareCast News) - Radiation detection technology company focusing on the medical, security and nuclear markets Kromek updated the market on its trading for the year ending 30 April on Friday, ahead of its full year results to be issued in July.

The AIM-traded group was making "good progress" on the delivery of new orders won over the past two years, the board reported, and as a result, the company was trading in line with market expectations.

"The group's products continue to gain traction in all its business segments from the increasing adoption of CZT-based technology and other products," the board said in its statement.

"The group expects to continue to win new customers and, together with the momentum of contract wins, it expects a step change in revenue growth in the new financial calendar year."


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