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AGM Trading Update

21st Sep 2022 07:00

RNS Number : 0177A
SDI Group PLC
21 September 2022
 

SDI Group plc

 

("SDI", the "Company", or the "Group")

 

AGM Trading Update

 

SDI Group plc, the AIM quoted Group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing and control applications, is pleased to announce an update on trading for the current year.

The Group has made a good start to the new financial year and the Board expects that the results for the full year will be delivered in line with market expectations1.

 

1Analysts from our Broker finnCap Limited and from Progressive Equity Research regularly provide research on the Company, and the Group considers the average of their forecasts to represent market expectations for FY2022/2023 being Sales of £62.85m and Adjusted2 Profit Before Tax of £11.75m

2Before share based payments and amortisation of acquired intangible assets

 

Enquiries

SDI Group plc 01223 727144

Ken Ford, Chairman

Mike Creedon, CEO

Ami Sharma, CFO

www.sdigroup.com

 

finnCap Ltd 020 7220 0500

Ed Frisby/Seamus Fricker/Milesh Hindocha - Corporate Finance

Andrew Burdis/Sunila de Silva - ECM

 

About SDI Group plc:

SDI designs and manufactures scientific and technology products for use in digital imaging and sensing and control applications including life sciences, healthcare, astronomy, manufacturing, precision optics and art conservation. SDI operates through its company divisions: Atik Cameras, Synoptics, Graticules Optics, Sentek, Astles Control Systems, Applied Thermal Control, MPB Industries, Chell Instruments, Monmouth Scientific, Uniform Engineering, Scientific Vacuum Systems, Safelab Systems and LTE Scientific.

 

SDI continues to grow by developing its own technology advancements and by improving its global sales channels, as well as through pursuing strategic, complementary acquisitions.

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