EKF has continued its recent pattern of raising and beating estimates by delivering results slightly ahead of expectations, despite some revenue headwinds after the ending of a large Saudi tender in FY17. Significant shareholder value was created during the year (EKF was an N+1 Singer Best Idea for 2018), delivering a total return of 27% including the 5.5p/share in specie distribution of shares in Renalytix AI, which IPO’d on AIM in November. The outlook remains positive, supported by new produc ....
13 Mar 2019
Results slightly ahead, outlook supported by new product launches
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Results slightly ahead, outlook supported by new product launches
EKF Diagnostics Holdings plc (EKF:LON) | 26.4 0.1 1.2% | Mkt Cap: 116.8m
- Published:
13 Mar 2019 -
Author:
Chris Glasper -
Pages:
3 -
EKF has continued its recent pattern of raising and beating estimates by delivering results slightly ahead of expectations, despite some revenue headwinds after the ending of a large Saudi tender in FY17. Significant shareholder value was created during the year (EKF was an N+1 Singer Best Idea for 2018), delivering a total return of 27% including the 5.5p/share in specie distribution of shares in Renalytix AI, which IPO’d on AIM in November. The outlook remains positive, supported by new produc ....