Kromek Group (KMK)

Sector:

Health Care

Index:

FTSE AIM All-Share

6.20p
   
  • Change Today:
      0.50p
  • 52 Week High: 8.00
  • 52 Week Low: 3.95
  • Currency: UK Pounds
  • Shares Issued: 641.55m
  • Volume: 4,043,262
  • Market Cap: £39.78m
  • RiskGrade: 527

Kromek awarded ten-year supply deal

By Josh White

Date: Tuesday 07 Mar 2017

LONDON (ShareCast) - (ShareCast News) - Radiation detection technology company Kromek announced on Tuesday that it was awarded a contract, valued at $0.99m, by an existing US-based customer for the upgrade of its advanced security screening detectors that have been deployed since 2009.
The AIM-traded firm described the unnamed customer as a global leader in aerospace and defence technologies.

Under the terms of the 12-month contract, Kromek will develop and provide the first annual supply of the upgraded detectors.

Additionally, the contract guaranteed that Kromek will continue to be the exclusive supplier for the upgraded detectors for the next 10 years.

The upgraded cadmium zinc telluride detectors were described as critical to the customer's security screening application.

"We are delighted to receive this new security screening contract from an existing customer that is a major aerospace and defence company," said chief executive Arnab Basu.

"This contract provides further validation of the strength of our advanced radiation detection solutions and adds to the visibility of revenues and strengthens our confidence in the continuing growth of the business," Dr Basu added.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Kromek Group Market Data

Currency UK Pounds
Share Price 6.20p
Change Today 0.50p
% Change 8.77 %
52 Week High 8.00
52 Week Low 3.95
Volume 4,043,262
Shares Issued 641.55m
Market Cap £39.78m
RiskGrade 527

Kromek Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.34% above the market average22.34% above the market average22.34% above the market average22.34% above the market average22.34% above the market average
8.57% above the sector average8.57% above the sector average8.57% above the sector average8.57% above the sector average8.57% above the sector average
Price Trend
12.4% below the market average12.4% below the market average12.4% below the market average12.4% below the market average12.4% below the market average
18.92% above the sector average18.92% above the sector average18.92% above the sector average18.92% above the sector average18.92% above the sector average
Income Not Available
Growth
26.93% above the market average26.93% above the market average26.93% above the market average26.93% above the market average26.93% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

Kromek Group Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
17:07 240,000 @ 6.20p
16:35 90,595 @ 6.20p
16:35 82,595 @ 6.20p
16:35 2,950 @ 6.20p
16:35 5,050 @ 6.20p

Kromek Group Key Personnel

CEO Arnab Basu

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