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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
EKF Diagnostics Holdings PLC | AQSE:EKF.GB | Aquis Stock Exchange | Ordinary Share | GB0031509804 | Ordinary Shares 1p |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.605 | 2.20% | 28.105 | 25.00 | 30.00 | 28.105 | 27.50 | 27.50 | 8,737 | 09:09:20 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMEKF
RNS Number : 4295O
EKF Diagnostics Holdings PLC
07 November 2016
EKF Diagnostics Holdings plc
("EKF", the "Company")
Trading update
EKF Diagnostics Holdings plc (AIM: EKF), the AIM listed point-of-care business, announces that early trading in Q4 of the current financial year has again been materially higher than budget and at a run-rate in excess of already revised market forecasts, upgraded following the trading update provided on 7 October 2016.
The Company now believes that it will achieve revenues of at least GBP36.5m and adjusted EBITDA for the year ending 31 December 2016 of at least GBP5.5m, therefore exceeding current market forecasts. The strong performance of the business is due to organic growth.
In addition, the Company announces that cash generation continues to be strong and now expects to be close to breakeven if not cash positive by the year end, and then cash positive in the first quarter, again ahead of the board's previous expectations.
The announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
EKF Diagnostics Holdings plc www.ekfdiagnostics.com Christopher Mills, Non-Executive Tel: 029 2071 0570 Chairman Julian Baines, CEO Richard Evans, FD & COO Panmure Gordon (UK) Limited Tel: 020 7886 2500 (NOMAD & Joint Broker) Freddy Crossley / Peter Steel (Corporate Finance) N+1 Singer (Joint 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
END
TSTLLFIDLALSIIR
(END) Dow Jones Newswires
November 07, 2016 02:00 ET (07:00 GMT)
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