Leicestershire firm issues profit warning after ‘disappointing’ year

Bill Mawer

Leicestershire supplier of X-ray systems Image Scan has issued a profit warning this morning, saying it is looking at making a £400,000 loss for the year-ending 30 September.

The news comes despite the Barrow upon Soar company winning a £800,000 contract to supply portable X-ray systems to a European security organisation.

Image Scan’s chairman and chief executive, Bill Mawer, said: “This was an excellent win from a demanding customer against stiff competition and gives us confidence in the competitiveness of our portable X-ray systems in a crowded market. We look to win further security orders of this type in the new year and, in the last week, have been demonstrating our equipment at the DSEI show in London in support of that aim.

“Our overall performance for the current financial year has been disappointing and we look to our extensive sales and product development initiatives to drive improved performance in FY 2019/20.”

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