Image Scan’s CEO is “pleased” by the X-ray screening systems supplier’s profitable results.
According to preliminary results for the year ended 30 September 2023, sales at the firm were up 50% to £3m. Meanwhile the company posted a pre-tax profit £0.1m, improving from a £0.35m loss in the year prior.
This performance “was the result of a strong recovery in sales and good cost control,” the business noted.
Image Scan’s Chief Executive, Vince Deery, said: “I’m very pleased by our results, a testament to the team’s tireless efforts for a profitable year. New products and an optimised cost base significantly contributed to this turnaround.
“Our extended portable product range for the security market gained traction, resulting in a substantial uplift in sales compared to the previous year. With a robust operational and financial foundation, we look forward to the coming year, aiming for organic growth and strategic development.
“My sincere thanks to the team for their commitment in propelling us into profitability.”
