Thruvision Group (THRU)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 17.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 31.00
  • 52 Week Low: 17.00
  • Currency: UK Pounds
  • Shares Issued: 161.02m
  • Volume: 16,856
  • Market Cap: £28.18m

Thruvision reports strong recent trading

By Josh White

Date: Friday 26 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Walk-through security technology specialist Thruvision reported strong order flow in a trading update on Friday, across a number of geographic markets with both new and existing customers.
The AIM-traded firm said that in the retail distribution sector, its flagship 'WalkTHRU' security technology continued to gain traction.

WalkTHRU, designed for high-speed screening of individuals for concealed items, was selected by a prominent global sports apparel brand as a key component of its security upgrade programme in US distribution centres.

Thruvision said it would employ WalkTHRU to screen employees for stolen items as they exit at the end of their shifts, and to check for weapons as they enter.

Additionally, two existing FTSE 100 UK retail customers recently placed orders for additional WalkTHRU lanes.

In entrance security, Thruvision received orders from two existing customers - a European prison service, and a Gulf state.

The orders would further bolster the company's presence in the segment.

In the customs market, an existing Asian agency customer had also placed additional orders with Thruvision.

Thruvision said the cumulative value of the orders amounted to £1.3m, with delivery expected in the second half of its financial year.

"We continue to make good progress in rolling out our technology to the retail distribution and entrance security markets," said chief executive officer Colin Evans.

"In particular, the recent order from a global sports apparel brand for use in its US operations is another major step forward in retail distribution, our largest potential market.

"These recent wins, together with our current sales pipeline, underpins our confidence in meeting our full-year revenue expectations."

At 1032 GMT, shares in Thruvision Group were up 6.45% at 19.96p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

THRU Market Data

Currency UK Pounds
Share Price 17.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 31.00
52 Week Low 17.00
Volume 16,856
Shares Issued 161.02m
Market Cap £28.18m

THRU Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.38% below the market average37.38% below the market average37.38% below the market average37.38% below the market average37.38% below the market average
11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average
Price Trend
66.78% below the market average66.78% below the market average66.78% below the market average66.78% below the market average66.78% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income Not Available
Growth
35.37% above the market average35.37% above the market average35.37% above the market average35.37% above the market average35.37% above the market average
52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

THRU Dividends

No dividends found

Trades for 29-Apr-2024

Time Volume / Share Price
15:28 500 @ 17.10p
14:30 12,150 @ 17.00p
14:25 2,000 @ 17.70p
09:20 6 @ 18.00p
08:52 2,200 @ 17.13p

THRU Key Personnel

CEO Colin Evans
CFO Victoria Balchin

Top of Page