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IN BRIEF: Image Scan expects profit to rise but revenue slips

ALN

Image Scan Holdings PLC - Leicestershire, England-based provider of X-ray screening systems - Expects full-year pretax profit to double to £200,000 from £100,000 the prior year, in line with market expectations. Revenue is expected to fall marginally for the full year to £2.9 million from £3.0 million in the previous year. The firm credits a mix of product innovation, public sector contract wins and cost control measures for its growth. Image says its cash position remains healthy, declining 4.8% to £912,000 at September 30, from £958,000 the year prior with it considering acquisition opportunities for growth.

Current stock price: 3.41 pence, up 3.2% in London on Wednesday.

12-month change: doubled from 1.70p

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