By Edward Swift
Date: Tuesday 13 Oct 2015
LONDON (ShareCast) - (ShareCast News) - Image Scan Holdings has seen sales dip nearly 23% for the year to 30 September.
The AIM-listed X-ray equipment company posted a trading update on Tuesday ahead of the release of its full year results.
It revealed security sales fell by £0.3m to £1.2m after delays to the availability of new portable X-ray systems.
Industrial sales also dropped from £0.66m to £0.5m.
In total, sales for the year were down to £1.7m from £2.2m, and the company widened its pre-tax loss from $0.52m to £0.64.
However the company said the outlook is positive, with four units already in the order book for the next financial year.
Image Scan chief executive Bill Mawer said the business has faced a few setbacks in the year.
"As previously announced the delayed availability of the replacement portable X-ray generator from our partner and, more recently, of the new detector panel from our internal Research and Development team has adversely impacted the business this year.
"However it is pleasing to see first orders and deliveries for this system and our sales team and their partners are now demonstrating the system to security customers worldwide."
Shares in Image Scan Holdings dipped 0.27p to 1.35p at 0836 BST.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 1.20p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 2.35 |
52 Week Low | 1.10 |
Volume | 0 |
Shares Issued | 136.85m |
Market Cap | £1.64m |
RiskGrade | 320 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
No dividends found |
You are here: research