Elektron Technology said the 'strong' sales growth experienced last year had continued in the first quarter with sales rising 17% year-on-year. Group sales for the quarter ending 30 April 2019 increased by 17% to £8.9m, with its Bulgin and Checkit delivering growth of 20% and 75.6%, respectively, compared with a year earlier. The soon to be sold Elektron Eye Technology segment saw sales fall 11.2% during the quarter but the division was up against very strong sales growth of 75.6% in the comparable period, the company said. At 9:55am: (LON:EKT) Elektron PLC share price was +3p at 43.5p
Sign up to our
Subscribe to the latest investing news by entering your email address below
You can opt out at any time.
For five days a week you will get
- The latest company news
- Insight into investment trends
- Round-up of director's buys and sells
- Articles from Shares magazine
Plus more useful investment content and occasional promotional offers.
UK 350 Risers and Fallers
Tweets not available.