UK's SDI Group FY26 revenue rises on acquisitions
UK's SDI Group FY26 revenue rises on acquisitions
Overview
UK specialist lab equipment maker's FY26 revenue rose 12.6% year-on-year
Adjusted diluted EPS for FY26 increased 16% to 7.17p
Company completed two acquisitions and did not declare a dividend for FY26
Outlook
SDI Group expects FY27 performance in line with market expectations
Company sees FY27 revenue at £82.9m, adj operating profit at £13.1m, adj PBT at £11.2m
SDI Group says expanding market footprint and acquisition pipeline support future growth
Result Drivers
ACQUISITIONS - Severn Thermal Solutions and PRP Optoelectronics contributed to revenue growth and expanded exposure to aerospace, defence, and advanced material processing
ORGANIC GROWTH - Strong demand across end markets and new contract wins drove organic revenue growth, especially in the second half
MARGIN IMPROVEMENT - Improved gross margins and cost control, particularly at Atik and Fraser, supported higher profitability
Company press release: ID:nRSc2620Oa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue |
| GBP 74.49 mln |
|
FY Net Income |
| GBP 4.92 mln |
|
FY Pretax Profit |
| GBP 6.54 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."
Wall Street's median 12-month price target for Sdi Group PLC is GBp140.00, about 48.1% above its July 28 closing price of GBp94.50
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 8 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)