The third year of consecutive >50% EBITDA growth and 45% CAGR EPS growth - SDI reported full-year results to 30 April that were 12% higher than indicated at the trading update (6 May), helped in part by higher recognised revenues from the SVS and Safelab acquisitions. Coupled with a stronger underlying cash position (net cash of £1.1m), in part reflecting a delay in the Safelab contingent payment into FY 2023 and higher than forecast OEM contract prepayments (albeit less than FY 2021), £20m borr ....
21 Jul 2022
SDI Group - FY 2022 – another record year drives 12% FY 2023 upgrade
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SDI Group - FY 2022 – another record year drives 12% FY 2023 upgrade
SDI Group plc (SDI:LON) | 55.5 -0.2 (-0.7%) | Mkt Cap: 58.0m
- Published:
21 Jul 2022 -
Author:
Mark Brewer | Cavendish Research -
Pages:
19
The third year of consecutive >50% EBITDA growth and 45% CAGR EPS growth - SDI reported full-year results to 30 April that were 12% higher than indicated at the trading update (6 May), helped in part by higher recognised revenues from the SVS and Safelab acquisitions. Coupled with a stronger underlying cash position (net cash of £1.1m), in part reflecting a delay in the Safelab contingent payment into FY 2023 and higher than forecast OEM contract prepayments (albeit less than FY 2021), £20m borr ....