Judges Scientific ( (GB:JDG) ) has issued an update.
Judges Scientific plc reported a challenging trading year in 2024, with a 2% decrease in revenue and a 20% drop in adjusted operating profit, attributed to delays in a Geotek coring expedition and weaker order intake, particularly in China. Despite these challenges, the company completed three acquisitions and increased its cash conversion to normal levels. The year ended with a proposed final dividend increase of 10%, reflecting the company’s commitment to shareholder returns. Looking forward, Judges Scientific has commenced 2025 with a strong order book and expects performance to align with market expectations, bolstered by strategic acquisitions and a strengthened executive team.
More about Judges Scientific
Judges Scientific plc is a group focused on acquiring and developing companies in the scientific instrument sector. The company consists of 25 businesses primarily based in the UK, selling products worldwide to markets including higher education institutions, scientific research facilities, manufacturers, and regulatory authorities. Judges Scientific operates in global niche markets with long-term growth fundamentals and resilient margins, maintaining a strategy of selectively acquiring businesses that generate sustainable profits and cash.
YTD Price Performance: -19.05%
Average Trading Volume: 17,563
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £454.5M
For an in-depth examination of JDG stock, go to TipRanks’ Stock Analysis page.