AGM Trading Update

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.

¹ Analysts 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

² Before 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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