UK's Kromek Group gains on upbeat 2024 forecast
24/07/2023 08:51
** Shares of UK-based radiation equipment maker Kromek Group
Plc KMK.L up about 3% at 5p
** Co on track to deliver FY24 adj core profit vs yr-ago
loss, helped by growing customer engagement urn:newsml:reuters.com:*:nTUC3MVLJK
** KMK also sees strong year-on-year increase in FY24 rev
** Reports FY23 rev jumped 44%, while gross margin rose to
51.6% from 46.7% on strong sales mix and as supply chain woes
eased
** As of last close, stock down ~75% YTD
(Reporting by Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com))