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Companies >
UK >
Medical Equipment & Services >
Kromek Group >
Research >
Cenkos: Kromek Group Plc - Major contract win

  • 07 Feb 2019

Cenkos: Kromek Group Plc - Major contract win


Kromek Group | KMK | 27.2 0 1.9% | Mkt Cap: 71.0m


  • Cenkos Securities
    • Simon Strong

    • 7 pages

Medical Equipment & Services image


 
Medical Equipment & Services image


Kromek has announced a major $58.1m contract with a medical imaging customer. We believe that this contract represents only the beginning of an industry wide cycle whereby OEM vendors upgrade their imaging equipment to CZT based systems. The company has raised £20m of gross proceeds in an equity Placing to help support 20%+ compound growth going forward.

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