Image Scan Holdings PLC Trading Update -- New Orders (4683L)
13 Septiembre 2021 - 01:00AM
UK Regulatory
TIDMIGE
RNS Number : 4683L
Image Scan Holdings PLC
13 September 2021
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13 September 2021
IMAGE SCAN HOLDINGS PLC
("Image Scan" or the "Company")
TRADING UPDATE - NEW ORDERS
Image Scan (AIM: IGE), specialists in the field of X-ray imaging
for the security and industrial inspection markets, provides a
trading update for the financial year to 30 September 2021,
following new orders from police customers late in the second
half.
The first order, received after a rigorous selection process, is
from a UK Police Force and is for four ThreatScan(R)-LSC portable
X-ray systems. ThreatScan(R)-LSC is a combination package including
both small and large format detector panels, back-pack, tablet PC
imaging station and the I-Gen generator. The system provides great
deployment flexibility for different threat scenarios, further
enhanced in this case by the addition of WiFi range extenders to
the package.
The second order is for a further two ThreatScan(R)-LSC systems
and is from a Police Department Bomb Squad in the USA. This order
is the first sale of Image Scan's ThreatScan(R) portable X-ray
systems in the USA.
It is anticipated that both orders will be delivered before the
end of the financial year. This, together with continued careful
management of costs, gives the Board the confidence to provide
earnings guidance for the year ending 30 September 2021 of sales of
approximately GBP2.9m and a trading profit performance close to
breakeven. This represents a material improvement on the previously
forecast loss of GBP200k.
Bill Mawer, Chairman and Chief Executive Officer of Image Scan
commented: "I am delighted by these contract awards for our highly
integrated ThreatScan(R)-LSC systems. Orders from these police
forces provide prestigious points of reference for future
campaigns. It is also rewarding to see our sales efforts in the USA
achieve such an important first ThreatScan(R) customer. The
improvement in our anticipated result will preserve our cash
position and allow us to continue to invest in our exciting product
development programme."
The Company will provide a pre-close statement on its results
for the year to 30 September 2021 in October 2021.
For further information on the Company, please visit:
www.ish.co.uk and for further information on its
products, please visit: www.3dx-ray.com
Enquiries:
Image Scan Holdings plc Tel: +44 (0) 1509 817
William Mawer, Chairman and Chief Executive Officer 400
Sarah Atwell King, Finance Director and Company ir@ish.co.uk
Secretary
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W H Ireland Tel: +44 (0) 207 220
Mike Coe/Sarah Mather (Corporate Finance) 1666
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END
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