Kromek has raised £10m gross in a secondary placing to accelerate growth in new product areas and help strengthen the balance sheet. Our reinstated forecasts project a bounce back in revenues on identifiable revenue sources. We see several potential commercial opportunities which could provide material upside risk to our forecasts.
12 Feb 2021
Cenkos: Kromek Group Plc -- Ramping up into 2022E
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Cenkos: Kromek Group Plc -- Ramping up into 2022E
Kromek Group Plc (KMK:LON) | 7.5 0 7.1% | Mkt Cap: 48.1m
- Published:
12 Feb 2021 -
Author:
Cavendish Research -
Pages:
8
Kromek has raised £10m gross in a secondary placing to accelerate growth in new product areas and help strengthen the balance sheet. Our reinstated forecasts project a bounce back in revenues on identifiable revenue sources. We see several potential commercial opportunities which could provide material upside risk to our forecasts.