Judges has issued a preclose update for the year to 31 December 2025. Trading remains challenging with lower order intake and a lower-than-desired order book. The main issue remains reduced demand in the USA, with persistently lower US federal funding of scientific research. Further, the delivery of Geotek’s next coring expedition is now unlikely to be until early 2027. The Group has taken actions to reduce its cost base, improve geographical expansion, market penetration and new product launche ....
