26 Nov 2015
Profit warning
A significant profit warning from EKF, implying the hoped for tender wins have not materialised in H2. Revenues of £32m are a long way short of previous expectations and a loss for the year now looks inevitable. No comfort is given on the Balance Sheet – Net Debt at the end of H1 was £5.2m and a number of exceptional charges are expected, including a provision against or write off of specific debtors.
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Profit warning
EKF Diagnostics Holdings plc (EKF:LON) | 27.8 0 0.0% | Mkt Cap: 126.1m
- Published:
26 Nov 2015 -
Author:
Chris Glasper -
Pages:
3
A significant profit warning from EKF, implying the hoped for tender wins have not materialised in H2. Revenues of £32m are a long way short of previous expectations and a loss for the year now looks inevitable. No comfort is given on the Balance Sheet – Net Debt at the end of H1 was £5.2m and a number of exceptional charges are expected, including a provision against or write off of specific debtors.