Pipehawk Plc climbs on unit's order intake
22/12/2022 10:10
** Shares of engineering firm Pipehawk Plc PHWK.L rise
5.6% to 14p
** YTD order intake at one of company's principal units, QM
Systems, stands at "healthy" 4.3 mln pounds ($5.21 mln) as it
recovers ground lost during FY 2021/22 due to COVID-19, says
Pipehawk
** QM Systems also signs contract manufacturing agreement
with UK-based molecular diagnostics company Fast MDx, according
to Pipehawk
** QM Systems posted "unprecedented" order intake in first
four months of FY, company says
** Shares of Pipehawk on track for best day since Oct. 10
($1 = 0.8256 pounds)
(Reporting by Muhammed Husain in Bengaluru)
((Muhammed.Husain@thomsonreuters.com))