Judges Scientific has released a positive FY2022 trading update this morning leading to modest 5% upgrades to our estimates, and with a solid opening orderbook position. Testament to the strength of its highly engineered offer and global diversified customer base (offsetting Covid-induced weaker order intake from China, although rebounding in December 2022), relative organic order intake increased 0.5% (against FY2021A Covid rebound of +25%). Organic revenue growth increased 8%. As a result, we ....
19 Jan 2023
Judges Scientific (JDG) – Corporate – FY2022E Trading Update – Modest upgrades, strong opening order book
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Judges Scientific (JDG) – Corporate – FY2022E Trading Update – Modest upgrades, strong opening order book
Judges Scientific plc (JDG:LON) | 10,900 0 0.0% | Mkt Cap: 721.4m
- Published:
19 Jan 2023 -
Author:
Matthew Davis -
Pages:
5
Judges Scientific has released a positive FY2022 trading update this morning leading to modest 5% upgrades to our estimates, and with a solid opening orderbook position. Testament to the strength of its highly engineered offer and global diversified customer base (offsetting Covid-induced weaker order intake from China, although rebounding in December 2022), relative organic order intake increased 0.5% (against FY2021A Covid rebound of +25%). Organic revenue growth increased 8%. As a result, we ....