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15 May 2019 | 09:55

Elektron Technology reports ongoing momentum as 'strong' sales continue in Q1

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

Story provided by StockMarketWire.com
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