StockMarketWire.com - Kromek said it had received an order expansion under its five-year contract in the security screening market that was awarded and announced on 22 February 2017.

This order expansion had increased the total value of the contract to a minimum of $5.8m over the period, with the additional $2.7m expected to be recognised over the next 24 months, the company said.

Kromek had commenced delivery under the contract in 2017 with orders as expected for the first two years.

For years three and four, the customer had increased its order quantities resulting in the contract now having a minimum value of $5.8m, compared with the original $3.1m minimum, over the five-year period, Kromek said.




At 9:20am: [LON:KMK] Kromek Group PLC share price was +0.35p at 25.85p



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