Boundary Capital news update

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Date31 Aug 2017
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Categories

More positive news from Image Scan Holdings PLC.

Image Scan, the AIM-listed specialist supplier of X-ray screening systems to the security and industrial inspection markets is pleased to provide a trading update for the year to 30th September 2017.  Based on its current plans the Company anticipates that sales for the year to 30 September 2017 will be approximately £4.5m and that profit before tax will be approximately £250k. Year-end sales at this level would leave the company with an order book in excess of £2m at the start of FY 2018.

Bill Mawer, Chairman and CEO of Image Scan, said: “I have been delighted by the response of our staff and our supply chain partners to the rapid increase in our order book. The manufacturing facility in Loughborough is busier than at any time since I joined the business.

While we still have some work to do to finalise delivery schedules with our customers, I am confident we should achieve at least this level of performance and will start the new year with a very healthy order book.”

Image Scan is available through Boundary Capital If you are interested in further information please contact us on info@kuber.uk.com or +44 (0) 20 7952 6685

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