Press Releases
Presentation for Preliminary Announcement
31 January 2008
Image Scan, specialist in the field of real-time 3D and 2D x-ray imaging for the ‘Homeland Security’ and ‘Industrial Inspection’ markets, announces preliminary results for the year ended 30 September 2007.
KEY POINTS- Sales at £1,542,000 (2006: £1,422,000);
- Gross margin at 46% (2006: 50%);
- Loss on ordinary activities after taxation at £761,000 (2006: £470,000);
- Year end order book at £782,000 (2006: £1,682,000);
- Year end net cash of £1,531,000 (2006: net debt of £36,000);
- Cash balances currently stand at £1,300,000;
- Strengthening of the Board; and
- Restructure of business strategy for 2008.
Gilbert Chalk, Chairman of Image Scan, commented:
"The reduction in overheads and other personnel changes implemented since the 2007 year end should now place the Company onto a much better base from which to produce positive results for shareholders. The drive to make Image Scan a customer focused business will be the Board’s main priority and this should produce improving results over the coming months".
Enquiries:
| Image Scan Holdings plc | Tel: +44 (0) 1664 503 600 |
| Gilbert Chalk, Chairman | |
| Nicholas Fox, CEO | |
| info@ish.co.uk | |
| Bishopsgate Communications Ltd | Tel: +44 (0) 207 562 3350 |
| Dominic Barretto | |
| Jenni Herbert | |
| imagescan@bishopsgatecommunications.com | |
| Seymour Pierce | Tel: +44 (0) 207 107 8000 |
| David Newton | |
| Sarah Jacobs |
