12 Apr 2016
Renewed focus should drive value
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Renewed focus should drive value
EKF Diagnostics Holdings plc (EKF:LON) | 26.4 0 0.4% | Mkt Cap: 114.3m
- Published:
12 Apr 2016 -
Author:
Chris Glasper -
Pages:
3 -
These results draw a line under a difficult period for EKF and early signs of recovery are there. The focus will be on driving further efficiencies and focusing on organic revenue and profit growth and improving cash flows. Guidance has again been issued for core revenues of ~£30m and adj EBITDA of £3-4m, which should provide some comfort that trading in the core group has stabilised. We will reissue our forecasts shortly.