SDI Group (SDI)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

50.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 122.00
  • 52 Week Low: 49.00
  • Currency: UK Pounds
  • Shares Issued: 104.55m
  • Volume: 1,332,251
  • Market Cap: £52.28m
  • RiskGrade: 105
  • Beta: 0.04

SDI Group acquires Peak Sensors for £2.4m

By Josh White

Date: Monday 06 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Digital imaging and sensing technology developer SDI Group announced the completed acquisition of Peak Sensors on Monday.
The AIM-traded company said the strategic move carried a total consideration of around £2.4m.

It described Peak Sensors as a prominent UK-based manufacturer that produces temperature sensors, focusing on standard and custom thermocouples and resistance thermometers.

The sensors find applications across various industries, including glass, ceramics, and incinerators, including energy from waste, cement, and ovens.

Based in Chesterfield, Peak Sensors operates out of a 5,300-square-foot leasehold facility and employs 14 people.

The company reported revenues of £2.1m for the year ended 31 March, with EBIT of about £0.33m.

Following the acquisition, Peak Sensors would become a part of SDI's sensors and controls division.

The board said the integration was expected to yield positive financial results, with earnings enhancement anticipated in the first full year of ownership.

"The acquisition of Peak is a further step in our group growth strategy, demonstrating again the opportunities to acquire businesses with high quality products with export growth potential," said chairman Ken Ford.

"The acquisition is expected to be earnings enhancing in the first full year of ownership. We are delighted to welcome Roshan Aucklah, Peter Smith and their staff at Peak to the SDI Group."

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SDI Group Market Data

Currency UK Pounds
Share Price 50.00p
Change Today 1.00p
% Change 2.04 %
52 Week High 122.00
52 Week Low 49.00
Volume 1,332,251
Shares Issued 104.55m
Market Cap £52.28m
Beta 0.04
RiskGrade 105

SDI Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.48% above the market average68.48% above the market average68.48% above the market average68.48% above the market average68.48% above the market average
82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average
Price Trend
73.84% below the market average73.84% below the market average73.84% below the market average73.84% below the market average73.84% below the market average
62.16% below the sector average62.16% below the sector average62.16% below the sector average62.16% below the sector average62.16% below the sector average
Income Not Available
Growth
56.43% below the market average56.43% below the market average56.43% below the market average56.43% below the market average56.43% below the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average

SDI Group Dividends

No dividends found

Trades for 10-Oct-2024

Time Volume / Share Price
17:05 152,800 @ 50.00p
16:35 10,516 @ 50.00p
16:35 1,520 @ 50.00p
16:35 2,519 @ 50.00p
16:35 6,477 @ 50.00p

SDI Group Key Personnel

CFO Ami Sharma
CEO Stephen Brown

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