Kromek intends to secure a manufacturing licence for the production of ventilators to assist the global response against the COVID-19 virus. Production on commercial terms will not have a material effect on FY20E but a production ramp-up in to early FY21E could be a meaningful feature in the new fiscal period.
16 Apr 2020
Cenkos: Kromek Group Plc -- Ventilator production
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Cenkos: Kromek Group Plc -- Ventilator production
Kromek Group Plc (KMK:LON) | 5.8 0 0.0% | Mkt Cap: 36.9m
- Published:
16 Apr 2020 -
Author:
Cavendish Research -
Pages:
5
Kromek intends to secure a manufacturing licence for the production of ventilators to assist the global response against the COVID-19 virus. Production on commercial terms will not have a material effect on FY20E but a production ramp-up in to early FY21E could be a meaningful feature in the new fiscal period.