Kromek hails 'transformational' year as profits set to land ahead of expectations
The firm, which has a research and development centre in Huddersfield, said it expects to report revenue of £26m or above in 2025, representing year-on-year growth of at least 34 per cent. The group said it also expects pre-tax profit to be “slightly ahead of market expectations”.
The news comes after the company signed a major partnership agreement with Siemens Healthineers worth $37m (£27.7m).
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Hide AdArnab Basu, chief executive officer of Kromek, said: "FY 2025 has been a transformative year for Kromek. Our landmark agreement with Siemens Healthineers not only validates our leadership in Advanced Imaging technology but has also significantly strengthened our financial position.”
As at 30 April 2025, the Kromek’s debt was £0.5m, compared with £12.3m at 31 October 2024.
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