Small caps round-up: ProPhotonix, Gooch and Housego, Kewill
Light-emitting display designer ProPhotonix has signed new distribution deals in Germany, Taiwan and the USA. The new distribution partners will handle distribution of the firm's machine vision illumination products in those countries. Machine vision systems enable the inspection of products throughout the manufacturing process and allow manufacturers to ensure that their products conform to the exact specifications to which they were initially designed.
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Light-emitting display designer ProPhotonix has signed new distribution deals in Germany, Taiwan and the USA. The new distribution partners will handle distribution of the firm's machine vision illumination products in those countries. Machine vision systems enable the inspection of products throughout the manufacturing process and allow manufacturers to ensure that their products conform to the exact specifications to which they were initially designed.
Gooch & Housego, the specialist manufacturer of optical components and systems which issued a profit warning in February, expects to meet reduced expectations with its interim results. Since the February 21st trading update the group has seen further signs that confidence is returning to the Industrial Laser market, a view backed up by the receipt of two significant orders for Q-switches from customers in the Far East. Despite this improvement, overall demand levels remain below the record levels of the last two years. Demand from other market sectors, including telecommunications, aerospace & defence and life sciences, has been steady during the first half of the company's financial year and sales in these sectors remained broadly in line with the firm's original forecasts.
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