Thruvision's first half orders eclipse whole of last year

Security body-scanning specialist Thruvision told investors on Wednesday that had continued to make "strong progress" during the first half of its trading year.

The AIM-listed firm delivered a total of 60 Thruvision units during the six months leading to 30 September to both new and existing customers, with repeat orders from the Philippines, Vietnam and China, more than the 57 units in the whole of its previous financial year.

Key new customers included the US Transportation Security Administration's innovation task force and the Los Angeles Metro, system where units are being deployed to help detect and deter acts of terrorism.

Thruvision said plans to expand production in the US had also progressed well during the half, with its Florida-based manufacturing partner producing first units.

Cash stood at £12.6m at the end of the half after returning £3.5m to shareholders via its tender offer in August.

Managing director Colin Evans, said: "We are pleased with the progress we have made so far this year. We continue to deliver new units to existing customers, but we are also winning new customers across a variety of geographies and markets, with particular success in Transportation and Loss Prevention."

"This, combined with our deepening relationship with TSA and the very high profile nature of the LA Metro deployment is testament to the international appeal of our solution and the scale of the opportunity ahead."

As of 0910 BST, Thruvision shares had picked up 2.31% to 29.92p.