SDI has announced the acquisition of InspecVision, for £6.1m net cash consideration, a strong addition that is expected to be EPS enhancing, with good growth prospects and regarded as a little gem. The business gives the group access to the metrology market, with strong IP and an international blue chip customer base, offering cross selling opportunities. We increase our FY25 forecast to reflect the part year effect of the acquisition with a 1% increase in EPS to 6.1p. We maintain our TP at 135p ....
30 Oct 2024
SDI Group - Acquisition of InspecVision: A fast growing little gem
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SDI Group - Acquisition of InspecVision: A fast growing little gem
SDI Group plc (SDI:LON) | 59.0 0 0.0% | Mkt Cap: 61.7m
- Published:
30 Oct 2024 -
Author:
David Buxton -
Pages:
5
SDI has announced the acquisition of InspecVision, for £6.1m net cash consideration, a strong addition that is expected to be EPS enhancing, with good growth prospects and regarded as a little gem. The business gives the group access to the metrology market, with strong IP and an international blue chip customer base, offering cross selling opportunities. We increase our FY25 forecast to reflect the part year effect of the acquisition with a 1% increase in EPS to 6.1p. We maintain our TP at 135p ....