The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEkf Diagnostics Share News (EKF)

Share Price Information for Ekf Diagnostics (EKF)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 33.20
Bid: 32.60
Ask: 33.30
Change: 0.00 (0.00%)
Spread: 0.70 (2.147%)
Open: 33.20
High: 0.00
Low: 0.00
Prev. Close: 33.20
EKF Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EKF Diagnostics Says Annual Performance To Be Ahead Of Expectations

Mon, 09th Nov 2020 11:57

(Alliance News) - EKF Diagnostics Holdings PLC on Monday forecast full-year earnings ahead of expectations and also ahead of the year prior.

The healthcare products manufacturer said as a result of its strong performance in October combined with expected orders for the rest of the year, it expects to deliver 2020 revenue of GBP60 million and adjusted earnings before interest, tax, depreciation and amortisation of GBP23 million.

For comparison, for 2019, EKF Diagnostics posted revenue of GBP44.9 million and adjusted ebitda of GBP12.0 million.

The company attributes its positive performance and confident outlook 2020 to "significantly-improved" trading in its core business in the final quarter, along with continued orders for the PrimeStore MTM Covid-19 sample collection device.

Shares in EKF Diagnostics were trading 0.1% lower at 77.45 pence each on Monday in London.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.