Interim results reflect a combination of the solid order book at the start of H1, reduced customer delivery times, a favourable fx environment and the fruits of a well invested product range. H1 revenue increased by 9% to a record £40.2m which, aided by strong margin progression, allowed Judges to deliver a record adj. profit of £8.4m (+27%) and adjusted fully diluted EPS of 107.0p (+30%). DPS increased 25% to 15.0p. Management, having previously reported a small contraction in order intake in Q ....
18 Sep 2019
Strong H1 performance; EPS upgrades +11% FY2019, +5% FY2020
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Strong H1 performance; EPS upgrades +11% FY2019, +5% FY2020
Judges Scientific plc (JDG:LON) | 10,825 -16237.5 (-1.4%) | Mkt Cap: 716.5m
- Published:
18 Sep 2019 -
Author:
Matthew Davis -
Pages:
4
Interim results reflect a combination of the solid order book at the start of H1, reduced customer delivery times, a favourable fx environment and the fruits of a well invested product range. H1 revenue increased by 9% to a record £40.2m which, aided by strong margin progression, allowed Judges to deliver a record adj. profit of £8.4m (+27%) and adjusted fully diluted EPS of 107.0p (+30%). DPS increased 25% to 15.0p. Management, having previously reported a small contraction in order intake in Q ....