Interim results to 31 October provide a solid foundation for FY 2019, with revenues rising 23% (12% attributed to acquisitions) and adjusted pre-tax profit up 32% to £1.5m, benefiting from the leverage afforded by higher-margin Atik and Sentek growth. The results were characterised by strong free cashflow, rising 117% to £1.15m (+£0.6m) more than funding the EPS-accretive (7%) Fistreem acquisition during the period. With management having indicated that it hopes to acquire a
18 Dec 2018
Scientific Digital Imaging - Interims – strong H1, characterised by record cashflows
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Scientific Digital Imaging - Interims – strong H1, characterised by record cashflows
SDI Group plc (SDI:LON) | 53.5 0 0.0% | Mkt Cap: 55.9m
- Published:
18 Dec 2018 -
Author:
Mark Brewer -
Pages:
12
Interim results to 31 October provide a solid foundation for FY 2019, with revenues rising 23% (12% attributed to acquisitions) and adjusted pre-tax profit up 32% to £1.5m, benefiting from the leverage afforded by higher-margin Atik and Sentek growth. The results were characterised by strong free cashflow, rising 117% to £1.15m (+£0.6m) more than funding the EPS-accretive (7%) Fistreem acquisition during the period. With management having indicated that it hopes to acquire a