After the challenges of 2016, it’s pleasing to see a knock-out set of results this morning that more than side step the pain of that year. Revenue increased 24.6% to a record £71.4m in 2017, with adjusted PTP increasing a hefty 57% to £10.4m (FY2016: £6.6m), 9% ahead of expectation, aided by a highly favourable fx environment and rebounding margins (at 15.3% vs 12.5%). With organic order intake increasing 16% in FY 2017, 2018 benefits from a healthy opening position, with order intake, for the f ....
20 Mar 2018
FY2017 Results – 9% ahead of expectation, Outlook encouraging
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FY2017 Results – 9% ahead of expectation, Outlook encouraging
Judges Scientific plc (JDG:LON) | 10,825 -16237.5 (-1.4%) | Mkt Cap: 716.5m
- Published:
20 Mar 2018 -
Author:
Matthew Davis -
Pages:
4
After the challenges of 2016, it’s pleasing to see a knock-out set of results this morning that more than side step the pain of that year. Revenue increased 24.6% to a record £71.4m in 2017, with adjusted PTP increasing a hefty 57% to £10.4m (FY2016: £6.6m), 9% ahead of expectation, aided by a highly favourable fx environment and rebounding margins (at 15.3% vs 12.5%). With organic order intake increasing 16% in FY 2017, 2018 benefits from a healthy opening position, with order intake, for the f ....