19th May 2025 11:50
(Alliance News) - SDI Group PLC on Monday said it expects to report a growth in profit during its most recent financial year, as strong trading in its second half more than offset a weaker start to the year.
The Cambridge, England-based maker of scientific and technology products for digital imaging and sensing control applications said it expects results for its financial year that ended April 30 to be in line with current market expectations, citing a company-compiled consensus for full-year sales of GBP66.5 million and adjusted pretax profit of GBP8.4 million.
This would be 1.1% higher than GBP65.8 million in revenue the year before, and up 5.0% from GBP8.0 million in adjusted pretax profit.
SDI said its guidance followed strong trading in the second half of the year, which offset its "slow" first half. It expects to release full-year results in late July to early August.
Around 10% of financial 2025 revenue was generated from sales directly to the US, SDI noted, with the introduction of tariffs on products sold to the US "not expected to have a material impact on the group".
SDI completed two acquisitions during the year. The first was InspecVision in October, a designer and manufacturer of computer vision-based measurement systems for industrial applications. The second was Collins Walker in April, a designer and manufacturer of electric boilers.
InspecVision traded "positively" post-acquisition, SDI said, while the Collins Walker acquisition did not have a significant impact on financial 2025 results due to its completion just prior to the year-end in April.
"The second half of the year has finished strongly, with momentum continuing into FY26. We are seeing some notable performances from businesses across our portfolio and good demand for their niche highly specialised scientific and industrial products, despite the global economic uncertainty. This is testament to the quality businesses within our portfolio and their diversified geographical and sectoral customer base," said Chief Executive Officer Stephen Brown.
Shares in SDI Group were up 11% at 75.49 pence each in London on Monday morning. The stock has risen 9.4% over the past year.
By Emily Parsons, Alliance News reporter
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