News blog
Elektron Technology
- BY: Andrew Hore |
- POSTED: 23/07/2015 |
Elektron Technology says that its interim revenues will be slightly lower than the same period last year.
Demand for more mature products is declining. However, the core businesses have grown their revenues in the six months to July 2015 but this performance has been offset by additional investment in the Checkit business, which will consume the cash generated by the rest of the business. Two major products are set to be launched in the second half. The first product will help companies to manage their food safety processes via electronic checking.
Net debt was £2m at the end of July 2015.
The share price fell 0.5p to 6.38p.
The interim figures will be published on 10 September.
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