4th Jul 2024 10:53
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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AIM - WINNERS
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Image Scan Holdings PLC, up 55% at 2.05 pence, 12-month range 1.00p-2.55p. The x-ray screen system supplier says that it has been selected for a contract with a UK defence contractor, NP Aerospace Ltd. The contract is for the supply of its ThreatScan portable x-ray system. The contract will begin with a three month trial and testing process expected to commence in September this year. The estimated contract value is GBP3 million over a 36 month period. Image Scan's Chief Executive Vince Deery says: "I am delighted that we have secured this contract, which has been achieved against stiff international competition. This success stems directly from our revised product development strategy to focus on high performing portable systems and confirms our confidence in the strength of our extended portable X-ray product range within a competitive market."
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Distribution Finance Capital Holdings PLC, up 24% at 33.50p, 12-month range 17.00p-36.00p. The specialist bank says it expects full year results to be significantly ahead of market expectations. CEO Carl D'Ammassa comments: "2024 has started exceptionally well, with strong operational and commercial execution as well as portfolio management and control. Our products and services clearly resonate with our customers and seeing continued record new loan origination is a testament to the entire team's focus on providing high quality service and the deep relationships we have with our dealer and manufacturer partners."
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AIM - LOSERS
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Deltex Medical Group PLC, down 10% at 0.15p, 12-month range 0.090p-0.33p. Th company, which manufactures blood circulation monitoring systems, says revenue in the six months ended June 30 rises to GBP1.06 million, flat from a year earlier. Looking ahead, Deltex says its confident for the rest of the year. Chair Nigel Keen says: "We have made good progress during H1 in selling and creating pipeline for the new TrueVue System into the UK and EU with many of our European distribution partners purchasing the new monitors and starting to give clinical demonstrations to their customer base."
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By Sophie Rose, Alliance News senior reporter
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