SDI reported adjusted FY 2023 results in line with its trading update of 11 May, save for lower (£1.4m) revenues, which were due to its auditors’ view on revenue recognition. With its Atik camera OEM customer contract having come to an end, the focus is on driving organic revenue growth, which was 7.2% (6.4% CER) in the year. With a positive start to the year and expectations of meeting market forecasts, a strong M&A pipeline and the prospect of further acquisitions in FY 2024, we make minor cha ....
08 Aug 2023
SDI Group - FY 2023 results – Atik OEM contract now in the past
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SDI Group - FY 2023 results – Atik OEM contract now in the past
SDI Group plc (SDI:LON) | 50.5 0.3 1.2% | Mkt Cap: 52.8m
- Published:
08 Aug 2023 -
Author:
Mark Brewer -
Pages:
21
SDI reported adjusted FY 2023 results in line with its trading update of 11 May, save for lower (£1.4m) revenues, which were due to its auditors’ view on revenue recognition. With its Atik camera OEM customer contract having come to an end, the focus is on driving organic revenue growth, which was 7.2% (6.4% CER) in the year. With a positive start to the year and expectations of meeting market forecasts, a strong M&A pipeline and the prospect of further acquisitions in FY 2024, we make minor cha ....