SDI reported a strong set of interim results to 31 October, with 14% and 28% increases in adjusted pre-tax profit and EPS, driven by 28% revenue growth. Organic growth of 4% reflected some timing issues relating to component delays, with acquisitions contributing £6.1m (+25%) to revenue growth. We have made minor changes to pre-tax profit and EPS in FY 23 (-3% to £11.9m and 9.1p) and FY 24 (-1% to £12.4m) to reflect higher net debt (working capital) and therefore higher finance charges. Acquisit ....
07 Dec 2022
SDI Group - Interims
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SDI Group - Interims
SDI Group plc (SDI:LON) | 62.5 0 0.0% | Mkt Cap: 65.0m
- Published:
07 Dec 2022 -
Author:
Mark Brewer | Cavendish Research -
Pages:
15
SDI reported a strong set of interim results to 31 October, with 14% and 28% increases in adjusted pre-tax profit and EPS, driven by 28% revenue growth. Organic growth of 4% reflected some timing issues relating to component delays, with acquisitions contributing £6.1m (+25%) to revenue growth. We have made minor changes to pre-tax profit and EPS in FY 23 (-3% to £11.9m and 9.1p) and FY 24 (-1% to £12.4m) to reflect higher net debt (working capital) and therefore higher finance charges. Acquisit ....