19 Aug 2015
Trading update & results of strategic review
EKF’s H1 trading update indicates profits will be heavily (i.e. almost all) H2 weighted due to some tender delays (again). Some of this is due to the Mexican orders from last year and some new opportunities, e.g. a large potential order in the Middle East for the Quo-test product. Of more interest is the result of the strategy review. A few options are still available, but the most likely seems to be a $110m offer on the table for the Point-of-Care business, which looks to have put a floor under ....
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Trading update & results of strategic review
EKF Diagnostics Holdings plc (EKF:LON) | 27.8 0.3 4.5% | Mkt Cap: 126.1m
- Published:
19 Aug 2015 -
Author:
Chris Glasper -
Pages:
4
EKF’s H1 trading update indicates profits will be heavily (i.e. almost all) H2 weighted due to some tender delays (again). Some of this is due to the Mexican orders from last year and some new opportunities, e.g. a large potential order in the Middle East for the Quo-test product. Of more interest is the result of the strategy review. A few options are still available, but the most likely seems to be a $110m offer on the table for the Point-of-Care business, which looks to have put a floor under ....