08:00 Mon 22 Jul 2019
Judges ScientificPLC - Trading Update and Notice of Interim Results
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Half Year Trading Update and Notice of Interim Results
The Directors of
Order intake
Order intake in the first half was 4.2% ahead of the same period last year, which is consistent with our sales growth expectations for the year. This resulted from a solid progression in the first quarter followed by a small contraction in the second quarter.
Sales and order book
Sales in the first half were bolstered by the solid order book available at the beginning of 2019 and by efforts throughout the Group to pursue operational excellence and reduce customer delivery lead times. These operational improvements resulted in revenue running ahead of orders and hence a moderate reduction of the order book. On
First Half Performance
The strong sales performance throughout the Group and continued positive influence of exchange rates have helped to deliver a sound performance and the Board expects the interim results to show strong progress in revenues, EBIT and earnings per share.
Full Year Outlook
The Group has enjoyed a good first half, partially helped by consumption of some of the order book; the outlook for the year remains positive and the Board is confident that market expectations for the year will be achieved.
Notice of Results
The Company intends to announce its interim results for the six months to
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Tel: +44 (0) 203 829 6970 |
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Shore Capital (Nominated Adviser & Joint Broker) |
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Edward Mansfield |
Tel: +44 (0) 20 7408 4090 |
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Liberum (Joint Broker) |
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Bidhi Bhoma |
Tel: +44 (0) 20 3100 2222 |
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Media enquiries: Alma PR (Financial Public Relations) |
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Tel: +44 (0) 20 3405 0205 |
Notes to editors:
The acquired companies are primarily
The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.
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