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Judges Scientific reports record H1 revenues

By BFN News | 07:59 AM | Tuesday 19 September, 2017


Judges Scientific's revenues rose 20% to a record £32.7m in the six months to the end of June including 14% organic growth.# Adjusted pre-tax profit rose by 48% to £4.4m and adjusted basic earnings per share were up 65.1% at 54.8p. The group declared an interim dividend of 10.0p - an increase of 11% and covered 5.5 times by adjusted earnings. Chairman Alex Hambro said: 'The first half of 2017 has seen the company deliver record figures across revenues, adjusted profit before tax, adjusted earnings per share, and dividends. 'This is a robust recovery from the company's performance in the first half of 2016. 'The company has a healthy order book which provides the Board with confidence that the group can deliver a full year performance in line with market expectations, and the recent acquisition of Oxford Cryosystems demonstrates that the group continues to deliver on its buy and build strategy with the completion of its 16th acquisition.' Story provided by StockMarketWire.com

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