15th Jul 2008 07:00
Judges Capital Plc
('Judges Capital', the 'Company' or the 'Group')
Trading Statement
15 July 2008
Judges Capital, the scientific instruments group, is pleased to announce a
trading update in respect of the six months ended 30 June 2008.
At the Company's Annual General Meeting held on 22 May 2008, Alex Hambro, the Chairman, reported that the strong order book accumulated during the last quarter of 2007 had resulted in a good trading performance at the start of 2008. At that time, the Board expected earnings per share for the first half of the year to be twice those recorded for the first half of 2007.
The Board is now pleased to report that the Group continued to trade strongly and, as a consequence, it is anticipated that earnings per share for the half year ended 30 June 2008 will comfortably exceed the aforementioned expectation of a 100% increase.
The inflow of orders during the period was similar to that recorded in the first half of 2007 and the order book at 30 June 2008 was slightly ahead of the level at 30 June 2007. The outlook for the full year is encouraging, therefore, but the progress achieved at the half-year stage should not be extrapolated for the year as a whole. Furthermore, although the Group's markets enjoy good defensive qualities, they are not necessarily immune from the turbulence currently affecting the global economy.
Ends
Enquiries:
Judges Capital Plc
David Cicurel, CEO
01342 323 600
Shore Capital
Pascal Keane
020 7408 4090
Cardew Group
Melvyn Marckus
07775 896491
Related Shares:
Judges Scientific