Kromek Group plc (LSE:KMK) announced a major financial milestone for the year ending April 2025, posting profitability for the first time and exceeding market expectations. This achievement was driven primarily by a landmark agreement with Siemens Healthineers in the Advanced Imaging division, leading to a significant revenue increase and a stronger financial position.
In addition, the company advanced its CBRN Detection division, winning contracts under UK Government frameworks and expanding its international sales pipeline. These developments position Kromek for ongoing growth and enhanced competitiveness in its market segments.
The company’s outlook reflects a mix of strengths and challenges. Positive corporate developments and favorable technical indicators offer optimism, while continuing financial and profitability pressures remain key considerations.
About Kromek Group plc
Kromek Group plc is a leading provider of radiation and bio-detection technologies, specializing in advanced imaging and CBRN (Chemical, Biological, Radiological, and Nuclear) detection. The company is recognized for its work in medical imaging and nuclear security, with a particular focus on cadmium zinc telluride (CZT) detectors for high-resolution imaging applications.
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