REG - Kromek Group PLC - Capital Markets Day

KromekAnnouncement

Yesterday 07:02

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250618:nRSR2744Na&default-theme=true

RNS Number : 2744N  Kromek Group PLC  18 June 2025

18 June 2025

 

Kromek Group plc

("Kromek" or the "Group")

 

Capital Markets Day

 

Kromek (AIM: KMK), a global detection company delivering best-in-class
solutions for the advanced imaging and CBRN detection markets, is hosting a
capital markets day (the "CMD") later today for analysts and institutional
investors.

 

The event will provide an opportunity to gain a deeper understanding of the
Group's growth strategy, meet members of the wider leadership team and hear
from external industry representatives.

 

As part of the presentations outlining Kromek's plan to deliver sustainable
growth, the event will cover:

·   The strong foundations of the Kromek business today

·   Advanced Imaging and CBRN Detection as the key platforms for growth

·   The medium-term target to scale the business to achieve revenues in
excess of £60m and a 30% EBITDA margin

 

Consistent with the Board's focus to further investors' understanding of the
strategic value of Kromek's business, the Group confirms that it will be
reporting revenue by division with effect from its upcoming results
announcement for the financial year to 30 April 2025. At the CMD, management
will be providing the following disclosure on revenue by division for the last
three reported financial years:

 

                   FY 2022  FY 2023  FY 2024

 Advanced Imaging  £4.7m    £8.7m    £9.0m
 CBRN Detection    £7.3m    £8.6m    £10.4m
 Total Group       £12.1m   £17.3m   £19.4m

 

No additional new material information is being disclosed and the Group is not
providing an update on current trading. In the Group's post year-end trading
update of 8 May 2025, Kromek stated that 'as a consequence of the positive
financial impact of the partnership with Siemens Healthineers, Kromek expects
to report FY 2025 revenue ahead of market expectations, of not less than £26
million, representing year-on-year growth of at least 34%.'

 

The presentation materials, including a recording, will be available in the
Investor Relations section of Kromek's website after the
event: https://www.kromek.com/investor-relations/
(https://www.kromek.com/investor-relations/) .

 

The CMD will take place at the offices of Cavendish Capital Markets at One
Bartholomew Close, London, EC1A 7BL. Registration is from 2.00pm with the
presentations scheduled to run from 2.15pm to 4.20pm followed by Q&A.

 

Institutional investors and analysts wishing to attend the CMD should register
their interest by emailing ir@cavendish.com.

 

Retail Investor Webinar

 

The Group is hosting an online Q&A session for retail investors at 5.00pm
on Wednesday 25 June 2025 on the Investor Meet Company platform. Questions can
be submitted pre-webinar via the Investor Meet Company platform up
until 9.00am on 23 June 2025 or at any time during the live webinar.
Investors can sign up to Investor Meet Company for free and register to attend
the Kromek Q&A session via:

https://www.investormeetcompany.com/kromek-group-plc/register-investor
(https://www.investormeetcompany.com/kromek-group-plc/register-investor) .

 

 

 Kromek Group plc
 Arnab Basu, CEO                                                        +44 (0)1740 626 060

 Claire Burgess, CFO

 Cavendish Capital Markets Limited (Nominated Adviser and Broker)        
 Geoff Nash/Giles Balleny/Seamus Fricker - Corporate Finance            +44 (0)20 7220 0500

 Tim Redfern - ECM

 Michael Johnson - Sales

 Gracechurch Group (Financial PR)
 Harry Chathli/Claire Norbury/Henry Gamble                              +44 (0)20 4582 3500

 

Kromek Group plc

 

Kromek Group plc is a leading developer of radiation detection and
bio-detection technology solutions for the advanced imaging and CBRN detection
segments. Headquartered in County Durham, UK, Kromek has manufacturing
operations in the UK and US, delivering on the vision of enhancing the quality
of life through innovative detection technology solutions.

 

The advanced imaging segment comprises the medical (including CT and SPECT),
security and industrial markets. Kromek provides its OEM customers with
detector components, based on its core cadmium zinc telluride (CZT) platform,
to enable better detection of diseases such as cancer and Alzheimer's,
contamination in industrial manufacture and explosives in aviation
settings.

 

 In CBRN detection, the Group provides nuclear radiation detection solutions
to the global homeland defence and security market. Kromek's compact,
handheld, high-performance radiation detectors, based on advanced
scintillation and solid-state readout technology, are primarily used to
protect critical infrastructure, events, personnel and urban environments from
the threat of 'dirty bombs'.

 

The Group is also developing bio-security solutions in the CBRN detection
segment. These consist of fully automated and autonomous systems to detect a
wide range of airborne pathogens.

 

Kromek is listed on AIM, a market of the London Stock Exchange, under the
trading symbol 'KMK'.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCDBGDLBXBDGUR