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Pin to quick picksImage Scan Holdings Share News (IGE)

Share Price Information for Image Scan Holdings (IGE)

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Share Price: 1.35
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Image Scan warns of 'disappointing' security sales

Wed, 18th Sep 2019 09:42

(Sharecast News) - X-ray systems supplier Image Scan warned on Wednesday that its security sales had been "disappointing" during the third quarter of its trading year.
Image Scan now expects the unit to record a full-year loss in the region of £400,000.

"Our overall performance for the current financial year has been disappointing and we look to our extensive sales and product development initiatives to drive improved performance in FY 2019/20," said chairman Bill Mawer.

Elsewhere, Image Scan revealed it had scored a new contract worth more than £800,000 to provide its portable X-ray systems to an unnamed security organisation of a mystery European country.

The AIM-listed group's new contract was expected to be delivered in the first half of 2020 and, as a result, will not impact its sales and profits performance for the current year.

Mawer said: "This was an excellent win from a demanding customer against stiff competition and gives us confidence in the competitiveness of our portable X-ray systems in a crowded market."

As of 0940 BST, Image Scan shares had climbed 5.71% to 1.11p.
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17 Jan 2023 17:25

Image Scan sells first two ThreatScan units in Africa

(Sharecast News) - Image Scan announced the successful sale of the first two units of its 'ThreatScan-AS1' portable x-ray system in Africa on Tuesday.

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Image Scan swings to annual loss due to slow Covid-19 recovery

(Alliance News) - Image Scan Holdings PLC on Tuesday said it swung to a loss in its recent financial year, due to a slow rebound from the virus pandemic in government procurement cycles, alongside delays in component sourcing.

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Image Scan ends year below market expectations

(Sharecast News) - Security and inspection x-ray technology company Image Scan confirmed in an update on Thursday that revenues and profit for the year just ended would be below market expectations.

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IN BRIEF: Image Scan shares fall as annual profit to be below guidance

Image Scan Holdings PLC - Leicestershire, England-based X-ray imaging systems provider - Says annual profit and revenue will be below market expectations. This is due to contract slippage into next year, amid government contract delays as well as component supply issues hitting its product ranges.

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Image Scan Holdings PLC - Leicestershire, England-based X-ray imaging systems provider - Announces retirement of Executive Chair Bill Mawer and promotion of four board members to top positions. Outgoing Chair Mawer leaves Image Scan on June 30. As part of changes made to board roles, non-Executive Director Tim Jackson becomes non-executive chair on July 1. Three other appointments take effect the same day. Interim Chief Executive Officer Vincent Deery is promoted to permanent CEO. Non-Executive Director Richard Leaver becomes deputy chair and Finance Director Sarah Atwell-King is promoted to chief financial officer.

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IN BRIEF: Image Scan shares drop as loss widens and revenue falls

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