EKF has announced a clean solution has been found for the non-core Laboratory Testing business ADL Health, selling the business back to one of its management team. Having pared back our estimates for this division in February, we expect no further material impact on earnings from this move. Strategically, we view it as positive, removing a distraction and further re-focussing activities back towards the core established Point-of-Care & Central Labs business and the growing new Life Sciences acti ....

23 Mar 2023
Clean exit from ADL Health

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Clean exit from ADL Health
EKF Diagnostics Holdings plc (EKF:LON) | 28.6 0 0.0% | Mkt Cap: 129.8m
- Published:
23 Mar 2023 -
Author:
Chris Glasper -
Pages:
3 -
EKF has announced a clean solution has been found for the non-core Laboratory Testing business ADL Health, selling the business back to one of its management team. Having pared back our estimates for this division in February, we expect no further material impact on earnings from this move. Strategically, we view it as positive, removing a distraction and further re-focussing activities back towards the core established Point-of-Care & Central Labs business and the growing new Life Sciences acti ....