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IN BRIEF: SDI's Posts Double-Digit Revenue Jump Amid Acquisition Boost

21st Jul 2020 15:18

SDI Group PLC - Cambridge-based medical technology firm - Reports revenue of GBP24.5 million in year ended April 30, a 41% jump from GBP17.4 million. SDI pocketed a 4% organic revenue rise and a 36% boost from acquisitions. Pretax profit climbs 54% to GBP3.3 million from GBP2.1 million. Notes some units boosted by increased demand for medical products but others are facing uncertainty due to a downturn in orders.

Current stock price: 59.84 pence

Year-to-date change: down 23%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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