Image Scan Holdings - Trading Update
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain
The Company has continued to run its sales, manufacturing, and product development operations through the ongoing COVID-19 crisis. As anticipated in the interim results statement, the overall security technology market has been adversely impacted by the pandemic, but orders have continued to be received and equipment delivered. The initial impact of COVID-19 on the Company's supply chain has been mitigated and we are currently able to source the parts and subsystems needed for product sales.
While the year-end sales outcome is expected to be close to that anticipated, margins on orders received have been better than expected and the company has managed its overhead costs and stock carefully meaning that profits for the year will be ahead of current market expectations.
The Board now has sufficient confidence in the Company's trading to provide earnings guidance for the year ending
The Company will provide a pre-close statement on its results for the year to
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