Judges has released a pleasing update this morning which notes that results for the year ended 31 December 2017 will be ahead of current market expectations. Demand across the board has remained positive throughout the year with organic order intake growth of +16%. As a result, we are lifting both our basic EPS number and PBT by +7% meaning our revised 2017 forecasts become revenue of £62.6m (from £62.0m); adjusted PBT £9.5m (from £8.9m); and basic adjusted EPS 123.3p (from 115.2p). Our FY2018 e ....
15 Jan 2018
FY2017 Trading Update prompts 7% EPS upgrade
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FY2017 Trading Update prompts 7% EPS upgrade
Judges Scientific plc (JDG:LON) | 10,975 0 0.0% | Mkt Cap: 726.4m
- Published:
15 Jan 2018 -
Author:
Matthew Davis -
Pages:
4
Judges has released a pleasing update this morning which notes that results for the year ended 31 December 2017 will be ahead of current market expectations. Demand across the board has remained positive throughout the year with organic order intake growth of +16%. As a result, we are lifting both our basic EPS number and PBT by +7% meaning our revised 2017 forecasts become revenue of £62.6m (from £62.0m); adjusted PBT £9.5m (from £8.9m); and basic adjusted EPS 123.3p (from 115.2p). Our FY2018 e ....