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Trading update

6 Jul 2017 07:00

RNS Number : 2483K
EKF Diagnostics Holdings PLC
06 July 2017
 

 

EKF Diagnostics Holdings plc

("EKF", the "Company")

 

Trading update

 

EKF Diagnostics Holdings plc (AIM: EKF), the AIM listed point-of-care business, provides an update on current trading.

 

The Company is pleased to announce that the trading in the second quarter of the year has continued the favourable trends experienced in the first quarter.

 

In particular, June sales were notably strong. This is entirely due to organic growth with no major tenders won during the period.

 

As a consequence, the Company expects adjusted EBITDA for 2017 will be comfortably ahead of current market forecasts.

 

Finally, despite the cancellation of the stock option scheme at a cost of £1.5m cash generation has been very strong with net cash at 30 June of approximately £4.0m.

 

 

This announcement contains information which, prior to its disclosure, was considered inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 (MAR).

 

 

EKF Diagnostics Holdings plc

www.ekfdiagnostics.com

Christopher Mills, Non-Executive Chairman

Tel: 029 2071 0570

Julian Baines, CEO 

Richard Evans, FD & COO

N+1 Singer (Nomad & Broker)

Tel: 020 7496 3000

Alex Price / Alex Laughton-Scott

Walbrook PR Limited

Tel: 020 7933 8780 or ekf@walbrookpr.com

Paul McManus / Lianne Cawthorne

Mob: 07980 541 893 / 07584 391 303

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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TSTLLFLRDTIEIID
Date   Source Headline
19th Jan 20064:46 pmPRNHolding(s) in Company
18th Jan 20067:00 amPRNDirector/PDMR Shareholding
12th Jan 20067:00 amPRNStrategic Partnership
1st Dec 20059:54 amPRNDirectors' Awards
27th Sep 20056:00 amPRNRe Sponsorship Agreement
19th Sep 20052:03 pmPRNHolding(s) in Company
13th Sep 200510:00 amPRNRe Agreement
6th Sep 20059:23 amPRNAGM Result & Statement
15th Aug 20056:00 amPRNInterim Results
12th Aug 20051:20 pmPRNNotice of Results
2nd Aug 20059:23 amPRNHolding(s) in Company
28th Jun 20056:30 amPRNDirector Shareholding
28th Jun 20056:15 amPRNDirectorate Change
28th Jun 20056:00 amPRNFinal Results
28th Apr 20056:00 amPRNDisposal of Mountain Equipment
21st Apr 20059:28 amPRNDirectorate Change
21st Mar 20057:00 amPRNAgreement With Leeds United Football Club
1st Feb 20052:20 pmPRNHolding(s) in Company

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