REG - SDI Group PLC - AGM Trading Update

SDIAnnouncement

21/09/2022 07:01

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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 expectations(1).

 

(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 Adjusted(2) 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 (http://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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