Judges Scientific (JDG)

Sector:

Engineering

Index:

FTSE AIM 100

11,150.00p
   
  • Change Today:
    250.00p
  • 52 Week High: 11,800.00
  • 52 Week Low: 7,400.00
  • Currency: UK Pounds
  • Shares Issued: 6.62m
  • Volume: 1,183
  • Market Cap: £737.99m
  • RiskGrade: 163

Judges Scientific acquires calorimetry devices maker Heath Scientific

By Iain Gilbert

Date: Friday 29 May 2020

LONDON (ShareCast) - (Sharecast News) - Scientific instruments business Judges Scientific has acquired calorimetry devices maker Heath Scientific for £5.3m in cash.
Judges Scientific said on Friday that the acquisition would be funded from its £35m faculty with Lloyds Bank.

In addition to the initial consideration, the AIM-listed group will make potential further contingent considerations of up to £2m - assuming Scientific Heath's adjusted underlying earnings in the financial year ended 30 April or in the 12-month period ending 31 December 2020 exceed £879,000.

The earn-out consideration may be payable in two tranches and the maximum earn-out will be payable if, in either period, adjusted underlying earnings exceed £1.22m.

Another additional payment will also be due if there is an excess cash balance over and above the ongoing requirements of the business.

Chairman Alex Hasbro said: "Heath is a world-leading business in a focused global niche, selling quality products which are indispensable to the safety of the public.

"This cash generative and earnings enhancing acquisition fits within the Judges disciplined acquisition strategy."

As of 1110 BST, Judges Scientific shares were up 4.09% at 5,095p.

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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.

 

JDG Market Data

Currency UK Pounds
Share Price 11,150.00p
Change Today 250.00p
% Change 2.29 %
52 Week High 11,800.00
52 Week Low 7,400.00
Volume 1,183
Shares Issued 6.62m
Market Cap £737.99m
RiskGrade 163

JDG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
100% below the market average100% below the market average100% below the market average100% below the market average100% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
84.39% above the market average84.39% above the market average84.39% above the market average84.39% above the market average84.39% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average
Income
95.99% below the market average95.99% below the market average95.99% below the market average95.99% below the market average95.99% below the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average
Growth
3.90% above the market average3.90% above the market average3.90% above the market average3.90% above the market average3.90% above the market average
3.03% above the sector average3.03% above the sector average3.03% above the sector average3.03% above the sector average3.03% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

JDG Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 05-Oct-23
Paid 05-Jul-24 03-Nov-23
Amount 68.00p 27.00p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 79 @ 11,150.00p
16:35 10 @ 11,150.00p
16:35 8 @ 11,150.00p
16:35 51 @ 11,150.00p
16:35 1 @ 11,150.00p

JDG Key Personnel

Chair Alexander Hambro
CEO David Cicurel

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