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Hardware & electrical equipment

Kromek hails increasing commercial and strategic momentum

Kromek Group PLC (AIM:KMK) said it expects to announce its final results during the second half of October.

In May, the company had expected to release the results for the year ended 30 April 2024 in September.

It assured that it still expects to report positive EBITDA for the year, ahead of market expectations, and is "experiencing increasing commercial and strategic momentum and continues to pursue further initiatives across the business".

Kromek said its positive earnings reflect an improvement in gross margin due to the product mix and tight cost control.

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