Trading Update & Notice of Final Results

RNS Number : 4694Z

EKF Diagnostics Holdings PLC

16 March 2012

 



EKF Diagnostics Holdings plc

("EKF" or "the Company")

Trading Update & Notice of Final Results

EKF Diagnostics Holdings plc (AIM: EKF), a worldwide manufacturer of point of care in-vitro diagnostic devices, will announce its final results for the year ended 31 December 2011 on Wednesday, 21 March 2012.

As announced on 19 January 2012, trading in the second half of 2011 was strong with unaudited revenues for the year ended 31 December 2011 of approximately £21.6m, and the Board now believes that adjusted EBITDA will be materially ahead of already revised market expectations.

The management team will be hosting analyst and media briefings on the day. For more information please contact Walbrook PR Ltd.

Enquiries:

EKF Diagnostics Holdings plc	Tel: [phone]
David Evans, Executive Chairman	Mob: [phone]
Julian Baines, CEO	Mob: [phone]
Collins Stewart Europe Limited	Tel: [phone]
Jamie Adams / Mark Dickenson

Walbrook PR Limited	Tel: [phone]
Fiona Henson	Mob: [phone] or [e-mail]
Paul McManus	Mob: [phone] or [e-mail]

About EKF Diagnostics Holdings plc

EKF Diagnostics Holdings plc was formed in July 2010 following the acquisition of EKF-diagnostic GmbH for €14.32m and refocused its strategy to one of building a substantial point of care diagnostics business. As part of this strategy, the Group has integrated three further acquisitions, Quotient Diagnostics Limited (acquired in October 2010 for a maximum of £5.41m), Argutus Medical Limited (acquired in December 2010 for £2.18m) and Stanbio Laboratory L.P. (acquired in June 2011 for a maximum of US$25.5m).

The Company, with its head office in Cardiff and operations in London, Germany, Poland, Russia, Ireland and the US, is a leading diagnostics business, focused on the development, production and distribution of chemical reagents and analysers for the testing of Glucose, Lactate, Haemoglobin, Haematocrit and HbA1c.

In May 2011 EKF entered into a distribution agreement with Alere Inc ("Alere"), a global diagnostics company, under which Alere was appointed the exclusive distributor of EKF's CLIA waived Hemo_Control device and cuvettes in the US, Canada and United Kingdom. The device is distributed in the US under the name HemoPoint H2. 

For more information please visit the website: www.ekfdiagnostics.co.uk

 

END

 

 

MSCJAMMTMBBBTJT