close
close

Image scan stocks await a stronger second half despite the slow start

The latest update takes place by the image scan contents ((GB: IGE)).

Image Scan Holdings PLC has reported a slow start to the financial year and expects a loss in the first half, but remains optimistic to increase profitability by the end of the year. Delays in a significant British defense contract have had an impact, but the company expects a stronger second half due to a robust sales pipeline and potential state tenders. The introduction of the threat scan®-AS2 and the AS1 model are expected to improve the market offers. The company also focuses on strategic growth through potential acquisitions and the transition of its industrial business towards After-Sales support.

More about image scan stocks

Image scan Holdings PLC specializes in real-time X-ray imaging for security and industrial inspection markets. The company produces portable X-ray systems for security and terrorist applications and recently launched new X-ray devices in cooperation with partners. The products are distributed worldwide via a network of international partners. In addition, Image Scan has developed industrial X -ray inspection systems for the automotive emissions market.

YTD price performance: 13.73%

Average trading volume: 240,741

Consumption evaluation for a technical mood: Sell

Current market capitalization: £ 3.97m

For an in-depth examination of IGE shares, they approach Side of Tipranks from stock analysis.