NAN 0.68% $2.93 nanosonics limited

Half yearly report on the horizon

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    lightbulb Created with Sketch. 223
    It's just 7 weeks until NAN releases its half yearly report. While there will of course be the usual keen interest in whether the rate of global growth in the trophon installed base has been maintained, what should make this a milestone report is the undertaking made last year by the CEO to provide "granularity" about the new product that the company is planning to introduce to the market, when the half yearly report is released in February.

    It seems reasonable to expect that the CEO's undertaking to provide such granularity will include: a description of the new product; the nature and expected size of the disinfection market segment that the product will be sold into; the technology underpinning the new product and its expected advantages compared to the technology currently used by incumbent products in the disinfection market segment being targeted, and finally, the likely release date and roll out logistics for the new product.

    Seems like ever more exciting times on the horizon for NAN.

    zeno9
 
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