A trading update for the year to 30 April 2018 points to better-than-expected revenue growth as well as the benefits of a reduced tax charge, reflecting increased R&D tax credits for FY 2018 and a re-assessment of FY 2017 claims. We now expect Scientific Digital Imaging to report revenues of £14.1m, an increase of 31%, c.11% of which arises from a full year’s contribution from the Astles acquisition. This is 2% (£0.33m) higher than previously forecast and is attributed t
27 Apr 2018
Positive trading update
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Positive trading update
SDI Group plc (SDI:LON) | 55.5 -0.2 (-0.7%) | Mkt Cap: 58.0m
- Published:
27 Apr 2018 -
Author:
Mark Brewer -
Pages:
8
A trading update for the year to 30 April 2018 points to better-than-expected revenue growth as well as the benefits of a reduced tax charge, reflecting increased R&D tax credits for FY 2018 and a re-assessment of FY 2017 claims. We now expect Scientific Digital Imaging to report revenues of £14.1m, an increase of 31%, c.11% of which arises from a full year’s contribution from the Astles acquisition. This is 2% (£0.33m) higher than previously forecast and is attributed t