Thruvision Group (THRU)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 27.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 31.10p
  • 52 Week Low: 25.60p
  • Currency: UK Pounds
  • Shares Issued: 145.45m
  • Volume: 5,518
  • Market Cap: £40.00m

Thruvision revenues on the rise as deliveries more than double

By Iain Gilbert

Date: Tuesday 02 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Screening technology outfit Thruvision maintained good momentum across all of its four key markets in the year ended 31 March, with a further 50 units delivered to customers in the second half.
Thruvision delivered a total of 109 units to customers during the year - a marked improvement on the 57 units handed over a year earlier - and the firm now expects revenues to be on the order of £6m, almost double the £3.1m seen twelve months prior.

Cash balances tumbled 45% to £9.4m following the return of cash to shareholders in August 2018.

The AIM-listed group's second-half sales included the third order from an existing Asian government customer for transportation security, repeat orders from four existing loss prevention customers and an order from its new customer, Matalan.

Thruvsion also highlighted "good progress" in its customs unit with UK Border Force, the US State Department's Bureau of International Narcotics and Law Enforcement Affairs and a national European Customs agency all purchasing units for the first time.

The Abingdon-based saw its sales pipeline continue to build, especially in the US, although it did note that activity was affected by the government shutdown early in 2019.

Looking forward, Thruvision told investors the combination of its new customer wins, strong progress in the US and repeat customer purchases in both its Asian and loss prevention markets had supported its confidence in the group's strategic prospects.

As of 1030 BST, Thruvision shares had inched ahead 0.35% to 28.70p.

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THRU Market Data

Currency UK Pounds
Share Price 27.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 31.10p
52 Week Low 25.60p
Volume 5,518
Shares Issued 145.45m
Market Cap £40.00m

THRU Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.2% below the market average23.2% below the market average23.2% below the market average23.2% below the market average23.2% below the market average
10.53% below the sector average10.53% below the sector average10.53% below the sector average10.53% below the sector average10.53% below the sector average
Price Trend
34.59% above the market average34.59% above the market average34.59% above the market average34.59% above the market average34.59% above the market average
15.00% above the sector average15.00% above the sector average15.00% above the sector average15.00% above the sector average15.00% above the sector average
Income Not Available
Growth
50.79% above the market average50.79% above the market average50.79% above the market average50.79% above the market average50.79% above the market average
52.63% above the sector average52.63% above the sector average52.63% above the sector average52.63% above the sector average52.63% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

THRU Dividends

No dividends found

Trades for 29-Jan-2020

Time Volume / Share Price
11:04 11 @ 27.75p
08:27 5,507 @ 27.75p

THRU Key Personnel

Finance Director Adrian Crockett

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