Judges Scientific, is a group involved in the buy and build of scientific instrument businesses. Although no deals were completed in 2018, the trading environment for Judges through 2018 was exceptional allowing healthy growth in revenue and earnings. Revenue increased 9% to a record £77.9m (vs our rather ambitious £84.6m estimate), but with adjusted PTP increasing a hefty 37% to £14.3m (FY2017: £10.4m), in line with our expectation and aided by a favourable fx environment and rebounding margins ....
19 Mar 2019
Morning Comment
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Morning Comment
Judges Scientific plc (JDG:LON) | 10,950 0 0.0% | Mkt Cap: 724.8m
- Published:
19 Mar 2019 -
Author:
Matthew Davis -
Pages:
4
Judges Scientific, is a group involved in the buy and build of scientific instrument businesses. Although no deals were completed in 2018, the trading environment for Judges through 2018 was exceptional allowing healthy growth in revenue and earnings. Revenue increased 9% to a record £77.9m (vs our rather ambitious £84.6m estimate), but with adjusted PTP increasing a hefty 37% to £14.3m (FY2017: £10.4m), in line with our expectation and aided by a favourable fx environment and rebounding margins ....