Science ( (GB:SAG) ) has issued an announcement.
Science Group PLC has expressed concerns over Ricardo PLC’s management and financial performance, highlighting issues such as poor cash conversion, inadequate financial processes, and excessive executive remuneration. Despite similar market conditions, Science Group has outperformed Ricardo, raising questions about Ricardo’s governance and strategic decisions. Science Group holds a significant shareholding in Ricardo and has called for improvements in governance and transparency to benefit all shareholders.
More about Science
Science Group PLC operates in the consultancy and engineering systems industry, providing similar services to those offered by Ricardo PLC. The company focuses on delivering robust operating margins, record earnings per share, and strong cash conversion.
YTD Price Performance: -5.08%
Average Trading Volume: 26,702
Technical Sentiment Signal: Sell
Current Market Cap: £191.9M
For detailed information about SAG stock, go to TipRanks’ Stock Analysis page.