EKF Diagnostics 1st Half Slightly Ahead of Expectations, Signs U.S. Distribution Deal
August 09 2018 - 4:14AM
Dow Jones News
By Carlo Martuscelli
EKF Diagnostics Holdings PLC (EKF.LN) said that earnings in the
first half of the year were marginally ahead of management's
expectations, and that it has signed a distribution agreement for
the U.S.
The healthcare company said that the agreement is with an
affiliate of McKesson Corp. (MCK) and is for its DiaSpect
hemoglobin analyzer.
EKF said that the slight beat to expectations came despite
currency headwinds. Net cash at June 30 was 9 million pounds ($11.6
million), compared with GBP4 million at the same time last
year.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
August 09, 2018 03:59 ET (07:59 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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