Kromek is trading in line with expectations and has a burgeoning order pipeline but the ability to close sales at a faster rate has been limited by its balance sheet. Kromek has raised up to £21m in a Placing and Open Offer in order to bolster its financial stability, accelerate sales cycles and unlock additional opportunities.
25 Jan 2017
Accelerating the sales cycle
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Accelerating the sales cycle
Kromek Group Plc (KMK:LON) | 5.8 0 0.9% | Mkt Cap: 36.9m
- Published:
25 Jan 2017 -
Author:
Cavendish Research -
Pages:
15
Kromek is trading in line with expectations and has a burgeoning order pipeline but the ability to close sales at a faster rate has been limited by its balance sheet. Kromek has raised up to £21m in a Placing and Open Offer in order to bolster its financial stability, accelerate sales cycles and unlock additional opportunities.