Production capability is being scaled up in a new US manufacturing facility. This is a necessary precursor for delivering material volumes of SPECT equipment. The homeland security opportunity is expanding beyond the core US market into other developed nations. We are forecasting positive free cash flow generation next year and see incremental purchase orders as sources of future upgrades.
02 Jul 2018
Cenkos: Kromek Group Plc - Scaling up production
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Cenkos: Kromek Group Plc - Scaling up production
Kromek Group Plc (KMK:LON) | 7.2 0 4.4% | Mkt Cap: 45.8m
- Published:
02 Jul 2018 -
Author:
Cavendish Research -
Pages:
7
Production capability is being scaled up in a new US manufacturing facility. This is a necessary precursor for delivering material volumes of SPECT equipment. The homeland security opportunity is expanding beyond the core US market into other developed nations. We are forecasting positive free cash flow generation next year and see incremental purchase orders as sources of future upgrades.