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Judges Scientific expects to grow first-half earnings, revenue

By BFN News | 02:13 PM | Monday 23 July, 2018


Judges Scientific, an investor in scientific instrument businesses, said it expected to show 'strong' progress in revenue and operating earnings in the first half. Organic order intake for the six months through June had rise by a 'solid' 2.3%, the company said. On 30 June, the organic order book stood at 15.0 weeks of sales against 15.0 weeks at the beginning of 2018 and 15.4 weeks at 30 June 2017. The group's overall order book, including the recently-acquired Oxford Cryosystems, stood at 14.6 weeks at 30 June. 'The group has enjoyed a good first half and the outlook for the year is positive,' Judges Scientific said. 'Although the bias towards second half performance observed in recent years may not be evident this year, the board is confident that market expectations for the year will be achieved.' At 2:13pm: (LON:JDG) Judges Scientific PLC share price was +30p at 2450p Story provided by StockMarketWire.com

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