Thruvision Group (THRU)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 1.45p
   
  • Change Today:
      0.000p
  • 52 Week High: 18.00
  • 52 Week Low: 0.65
  • Currency: UK Pounds
  • Shares Issued: 173.56m
  • Volume: 140,819
  • Market Cap: £2.52m

Thruvision reports strong recent trading

By Josh White

Date: Friday 26 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Walk-through security technology specialist Thruvision reported strong order flow in a trading update on Friday, across a number of geographic markets with both new and existing customers.
The AIM-traded firm said that in the retail distribution sector, its flagship 'WalkTHRU' security technology continued to gain traction.

WalkTHRU, designed for high-speed screening of individuals for concealed items, was selected by a prominent global sports apparel brand as a key component of its security upgrade programme in US distribution centres.

Thruvision said it would employ WalkTHRU to screen employees for stolen items as they exit at the end of their shifts, and to check for weapons as they enter.

Additionally, two existing FTSE 100 UK retail customers recently placed orders for additional WalkTHRU lanes.

In entrance security, Thruvision received orders from two existing customers - a European prison service, and a Gulf state.

The orders would further bolster the company's presence in the segment.

In the customs market, an existing Asian agency customer had also placed additional orders with Thruvision.

Thruvision said the cumulative value of the orders amounted to £1.3m, with delivery expected in the second half of its financial year.

"We continue to make good progress in rolling out our technology to the retail distribution and entrance security markets," said chief executive officer Colin Evans.

"In particular, the recent order from a global sports apparel brand for use in its US operations is another major step forward in retail distribution, our largest potential market.

"These recent wins, together with our current sales pipeline, underpins our confidence in meeting our full-year revenue expectations."

At 1032 GMT, shares in Thruvision Group were up 6.45% at 19.96p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

THRU Market Data

Currency UK Pounds
Share Price 1.45p
Change Today 0.000p
% Change 0.00 %
52 Week High 18.00
52 Week Low 0.65
Volume 140,819
Shares Issued 173.56m
Market Cap £2.52m

THRU Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.91% above the market average64.91% above the market average64.91% above the market average64.91% above the market average64.91% above the market average
51.52% above the sector average51.52% above the sector average51.52% above the sector average51.52% above the sector average51.52% above the sector average
Price Trend
98.62% below the market average98.62% below the market average98.62% below the market average98.62% below the market average98.62% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
22.86% below the market average22.86% below the market average22.86% below the market average22.86% below the market average22.86% below the market average
29.03% below the sector average29.03% below the sector average29.03% below the sector average29.03% below the sector average29.03% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

THRU Dividends

No dividends found

Trades for 03-Jun-2025

Time Volume / Share Price
13:28 137,656 @ 1.45p
08:43 3,163 @ 1.47p

THRU Key Personnel

CEO Colin Evans
CEO Victoria Balchin

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