Interim results to 31 October provide a solid platform for FY 2020 and beyond, marked by c.6% organic growth, which compares with c.11% in H1 FY 2019 and reflects the increased investments made in the business during the period. Revenues increased 42% to £11.45m with adjusted pre-tax profit up 27% to £1.52m and adjusted EPS growth of 28% to 1.70p. The results were characterised by strong operational cashflows, rising 32% (c.£0.5m) to £2.0m, with net debt falling during
17 Dec 2019
SDI Group - Interims on track for strong FY 2020
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SDI Group - Interims on track for strong FY 2020
SDI Group plc (SDI:LON) | 56.0 0.3 1.1% | Mkt Cap: 58.5m
- Published:
17 Dec 2019 -
Author:
Mark Brewer -
Pages:
13
Interim results to 31 October provide a solid platform for FY 2020 and beyond, marked by c.6% organic growth, which compares with c.11% in H1 FY 2019 and reflects the increased investments made in the business during the period. Revenues increased 42% to £11.45m with adjusted pre-tax profit up 27% to £1.52m and adjusted EPS growth of 28% to 1.70p. The results were characterised by strong operational cashflows, rising 32% (c.£0.5m) to £2.0m, with net debt falling during